Improving significantly; easier to group with other players since developers have been consolidating servers. Try it!
The Legacy system, long touted (since initial development) and now finally implemented, does add significantly to the 'lives' of your characters. It's nice to get a fairly new character into a speeder at lvl 10 instead of 25. Put all your characters on the same server and get the benefits.
I feel the game needs to evolve more, and perhaps develop some concept of player structures. It still seems to play somewhat like a single-player game and lacks community, which the guilds aren't entirely filling in.