Without chat I doubt I'd pay for an MMO that didn't have it. I like the community aspect of MMOs, take away chat and how do you communicate? I know theres voice programs out there and I use them but still need chat to RP and talk in PUGs.
I wont flat out quit the game just because PVP is bad. I simply will play the PVE content which I enjoy. I have never been a big PVPer but the old system made me rethink that and give it a shot. Now that I gain hardly anything when I lose it's no longer fun or worth my time.