Seriously, what kills MO and games like it is this, in this order:
1) game design that doesn't account for people like you
2) people like you
You basically want a game that only people who abuse and grief broken mechanics get to participate. The fact that you are even considering having an MMORPG in which no names show up on characters says all that needs to be said about your understanding of good game design. You're talking about biker-gangs as your foundation for game-design. You act like you think you are predators, but you are just sinking, asap, a game that made the mistake of giving you too much freedom. It's embarrassing.
The fact is, nobody is going to want to play the version of the game you guys are proposing. But people might want to play a game that actually has sensible incentives & groundworks for PvP, and doesn't revolve around intentionally giving people who think they are edgelord e-predators the first swing every single time.
I have never played an MMO with a PvP system this broken. Nobody is saying RPK needs to go. But you guys sitting here puffing your chests and patting each others' backs about how hard the streets of MO need to be in response is comical... As if having comprehensive mechanics to PvP would ruin the game. It's honestly pretty funny. Yes, having a flag system that encouraged any accountability will ruin the game... Blue-bombing, local-greys, horse-griefing to abuse said mechanics, all that terrible design, great for the game... Yep... Well, if that's what it's supposed to be like, I can guarantee you most people will gladly pass it up.
BTW, Shmerrick don't you have horses you should be griefing or...?