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That's like saying Sonic the Hedgehog is a ripoff of Super Mario Bros. (the originals) because they are both platformer games.
Yes there are similarities, as in all fantasy MMOs. I think what will make this better for me is that you get 95% of your XP from quests and it's not based on PvP (like WoW is). Also I think people will be more willing to group in this game if they make the quests right.
my 2 cents.