Agreed... I'm actually not specifically unhappy about this. If, and I use a big, big if - they maybe implement some of the good ideas about items we've given them (ie: vary colors, styles, different buff combinations, user defined buff combinations...etc etc).
Plus, to be honest, the entire game mechanics are changing, and SOE is not weak in providing the right items for the right situations (IE: the sparkling fedora is better now, so I'm not crying about re-obtaining it, etc)... so new items are a logical step (the changes being as radical as they are).