Well, time will tell what will truly happen with GW2 when and as more details are released, but I am not overly pleased. Anything but.
I am going close on 3000 hours now and to be told, nah tough, it's gonna end ... kind of puts a damper on things

The Hall of Monuments in GW2 is very little acknowledgement of your achievements and time invested in GW1. It is not enough IMO.
GW1 is still very young in terms of age, there are MMORPGS running on 9-10 years and still going strong with new content releases and such.
GW1 is not even 2 years old yet. Granted, 2 years is still a long way off for GW2, but why should one still put in the time on GW1 if you won't see any of that in GW2? Oh, but wait, you can see your GW1 char as a minipet in GW2! pfft, that
really makes me very happy
ANet have built a great franchise, they can accomplish anything, even a conversion (in a manner of speaking) from your GW1 char to a GW2 char. This is possible. They are smart chaps!
Whether they will be accommodating, is another thing.
Once again, I will reserve final judgement when I know more definite details, but I am hoping for some 'good' news.
Yes, I know, gaming is fun, and I
have enjoyed every minute of playtime in GW1. I base the different responses from people on their character and personality.... I am very competitive and do things thoroughly, perfectionist some might say (very little people play GW1 as thoroughly as I do), this is probably why I feel like it was a complete waste of time for me at the moment.
Don't get me wrong, I love the news of the new GW2 and the revolutionary PvP and "instanced persistence" and leveling thing (as long as it is grind-free) and the no-monthly fee, it is just this one thing.....
If they have told me last year or 6-12 months ago, GW1 will cease to exist and GW2 will be a complete redesign, I probably would not have invested as much time as I have into GW1.
/endrant
piece
