Yeah i think pre 1.2 made it so 1.2 feels worse. But i am happy in pre 1.2 i was able to play in a good economy. The economy at least on Alpha1 is awful and unplayable. I back-burnered AA until release but even when i sometimes log in there is nothing to do. Inflation is faster than one can make money without playing all day every day. It sucks in pre 1.2 hundreds of gold could get you a lot of things to do. Now i have thousands of gold and its useless. The only things to do in 1.2 is to massively grind and burn out which is stupid to do in an Alpha.My only regret is not waiting till 1.2 then playing in alpha. That way I knew all the current crafting, packs and the rest of the changes. Oh well.
I havn't played omega or beta much so i have no idea how the economy is but it really sucks how there is no middle ground now. You either need to play the shit out of the game or get/do nothing.