Nope this system makes everyone a winner.
A monthly sub of €18(us pay $12) and you have access to every single item in the game including all the items in the cash shop(they drop in the world and can only be bough on the A/H but sub members) plus 50% off all expansions as long as you are paying a sub.
Then we can have a B2P option but you do not have access to anything in the cash shop unless you actually pay for it plus you pay full price for any expansion
I don't care about a cash shop and just want P2P. Who would use the P2P option to get items from a cash shop? Most people who favor P2P don't want them in the game.
If they go B2P I want a sub option where I don't ever have to see the cash shop, give me all the character slots, bag slots and bank slots, get free expansions and I get a Hat that says AWESOME! on it. Weekly bag of goodies from the cash shop in the mail so I don't have to see it, it just sends me stuff. Than I would use the sub option in a hybrid model.
But I would perfer sub only with no cash shops.