Well I'd say game where earning stuff is actually much better and more fun than game where you can buy everything. Good side is that game would be much more interesting, addictive and probably popular. But then again game would probably not even exist since those rich people are the ones who's money carries game, server where it's working and of course developers (even if they are greedy).
But yeah... as a free player i agree that warspear is petty much pay to win game which makes it boring and unfair for free players to fight those who use mcoins.