The Elder Scrolls Online has done a lot of things differently than your standard MMO. I’m not so sure that any of these design decisions were made capriciously, but others disagree. That makes for a great conversation. One of the biggest sticking areas is the Economy. Ogrebears, Mikwarr, Ozryc, and myself have an impromptu (and sometimes heated) discussion on this matter (while I manage my bank and inventory in game), what could be the endgame, and effects of the same, and steps they can take going forward.
I plan a follow up to this discussion where I will do what I say in many posts on such things- put forth a way that they can keep the system and move forward with improvements to make the system more viable.