Have they given a reason as to why there is no queue?

[Viridiana]

This is meant to reduce the load on the log in server as to not have *rough guess* 16000 people trying to log into the servers during peak times (54 servers full queue of around 300) instead it drops it down to about 2500-3000 people.

I don't see any possible way it could be reducing the stress on the login servers to have players essentially DDOSing the server instead of just queuing people. Also, one of my successful login attempts was with "People in queue: 494," so it's not exactly a tiny queue, either. . .