PKing was my favourite part of UO, and I honestly did not even care about stat loss. It was evident to me that given the road UO was traveling down if it continued this way it would not yield a positive result. I continued to PK and had a lot of fun in guild wars on my blue. It was win win, if anything it was better because I had less Anti's to worry about ganking me, and less PK's to compete with for kills.
I PK to kill people, I PvP to find a challenge.
Azaroth will have to "trammy" the shard up a bit. Meaning quests, story lines etc.. building a stable economy. He wants to attract all types of players. People don't realize how essential those random RPers or super newbs that couldn't PvP their way out of a wet paper bag were to the overall game. If you just bring the best of the best elite PK's or PvPers then the novelty of it all wears off. You don't have a complete game, it is all one sided.
I will play this shard, I will at least give it a shot. It has to be better than divinity.. that shard is complete crap.