Yeah, when you consider that 51/50 was not targeted at true EQ newbies (they need to learn the game, so starting from 1 makes sense), then you have to look at how long it takes a vet to reach 51/50. In an era of mercs, defiant gear, fellowships, and all the other new features to make the game more enjoyable, it just doesn't take that long to get to 51/50. With the other huge benefit that you can get the new char to 51/50 on your home server, so there are twink and plat sharing benefits as well.
Tat
PS - To answer your other question... your time and money are not wasted. If the server was merged to Tunare, your char will still exist there. And since the only way your char would have been deleted is if it was under level 10, and yours was level 51 right from the start, it should be there. Hope to see you on Tunare :)
Edited, Oct 26th 2011 8:53am by tatankaseventh
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Tatanka Wolfdancer, 115 Wood Elf Druid, 9 x 300+ Master Artisan, 7 maxed trophies (dang research! :)
Michone, 115 Troll Shadowknight
Anaceup Mysleeves, 115 Erudite Mage, 2 x 300 Master Artisan
Snookims Whinslow, 112 Erudite Enchanter, 2 x 300 Master Artisan
<Inisfree>, Tunare (Seventh Hammer!)