Yeah, this is a really bad time for them to be sticking it to their customers (despite the fact that it does bring their price in line with most new MMORPGS).
I recently cancelled my Camelot accounts: it wasn't a bad game, just that the ultimate goal keeps moving: level 50 became level 50 with uber stuff. In a PVP game, that means if you aren't getting the uber stuff, you are at a disadvantage in the endgame.
I think with the pressure of Worlds of Warcraft, Everquest 2, and City of Heroes, it is a really bad time to be charging more. I mean, even Anarchy Online realized that.