In reality, you should all keep playing.
Im sure Bioware is aware of the problem, you all make enough noise about it. They have already stated they will rollback anyone who has blatently abused the system (whichi totally believe they should).
Another factor is that you guys arent going to be the only players having to go through this grind, in fact everyone who hits 50 from now on is gonna have troubles against fully geared & leveled opponents, on both sides.
One would assume, if its as bad as everyone says, that this will be sorted over time.
Of course, i know im wrong, so go ahead and tell me how wrong I am...