You can't say no one does Pankration, b/c SE made you need Soultrappers for ZNMs, so people need the points in The Pit to buy them. Granted, that means make your mob lose a few fights and your good for a little while, but they forced you to do it if you want to do the ZNMs (unless you want to throw IS at it).

Also, if you are saying people don't do ENMs, you would be mistaken there. I have an ENM static in Boneyard Gully and I see at least 1-2 other groups there in the 45 minutes to an hour that I'm there. Plus, I know of 2 other groups that go at other times just to that one ENM.

Now, I agree with you that the dungeons may not be what everyone is expecting or hoping to be. However, that doesn't mean that they can't change the way it works later after everyone complains for a month or so. That, and the fact that they said that you would get a type of points when doing things in the dungeons means that if any decent gear can be bought with the points, people will do them constantly.

As for the Fields of Valor, the screenshots did show characters in level 30 or so gear (Eisen for example).