We've got raids. Which is more than PVP has so that counts I think.
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Raids are supposed to be part of the core game, accessible at any time. I'm talking about something for PvE like the Iron Banner is for PvP. And, honestly, the Raids are too hard for a lot of people! The unique mechanics are a lot to grasp. The harder difficulty missions for Queen's Wrath were a great, but still challenging, pace for a lot of players, myself included. The Raids just don't, and won't, fill that need.