I take factions very seriously. Well, I used too. Factions used to be alive and happening. Great fights, even for those that were PvP challenged. Then "Super Pets" and vending machine artifacts changed it all.
I had 6 accounts on Siege. Five of them were in factions. Now I have two accounts. Only one left in factions... I only keep him in factions too be able to go anywhere I like, including the castle in Britain.
It also keeps me on my toes... it upsets some that my retired faction thief is still good at escaping.
I do PvP. If I escape. I win.
Honestly though factions werent to be taken seriously to be begin with what control does sitting 10 hours protecting give you? If gives you the ability to place guards in towns no one barely goes to. It allows you to get a faction horse of your faction. The economy manipulating with taxes is worthless and woopee do to buying a zillion bottles.
So basically there is no real point to participate in the system as it was intended. It doesnt change anything for anyone and certainly isnt worthy of a players time.
However when points were plentiful on many shards i saw consistent more pvp and faction participation due to the ability to get and retain easy armour. You take that as good or as bad as you wish but there was MORE participation.
You really think a player like me whos run his points over the flipping mark of 2.15 billion points a few times to know exactly what it is, is really going to have a hard time retaining a few more? lol i just think this will ruin whats left of factions, meaning it will be even that much harder to find an enemy to get a fight.