Update 6/4:


I recently contacted the developers to get an update from them on how things were going.

Exp Changes:
First they gave me some information about the Exp changes. In summary, if you fight monsters at your level you're going to gain a very nice XP bonus. According to the developers, Exp that can be gained from monsters has been increased about 150-400%! However to balance things out, there is reduced XP when fighting monsters outside of your level in order to prevent power leveling. We will try to provide more details about this change once beta begins.

PK Point System
The Devs now seem to be in agreement with us about bringing back the PK Point System. They told us they were looking into how it use to work so they could implement it. We will try to get more details about this.

Back-end Improvements
Also from what I can tell they are looking into making some changes to Sephiroth on the back-end to make it more up to date with the standards at SmileGate. This is probably a fairly large task but I assume they would do it if it will make the game architecture better (easier to develop/maintain, better performance? These are just theories). I hope to get more information about this soon.