Best geared will win, if a geared player comes across a skilled player he'll quit yet that'll be the same person calling everyone else noob. Trust me I played something like this before also gears are why this idea will suck, this is a great idea but this isn't the game more kill farming will happen.

PS: (off subject lol just wanted to say this) MAKE A MMO THAT'S NOT ALL ABOUT GEAR, if there is one pm me the name of game I'll try it out