I feel like the money that goes into raid bosses could be better used to gear people with store gear
store gear? how about raid bosses actually drop gear that people would use?
From what I have read a lot of the raid boss gear is poopy and stored away in banks where they are never seen again. Why waste cash until something is done
This is a common theme in many mmorpg. If they hand out loot too fast, with little other content, people quit as there is nothing to do. If nothing drops almost every time and only good items once and awhile then people also tend to quit. So mmorpg, especially those with little parallel content tend to have crap drops 95% of the time and 5% decent or better drops. Some even let you pick from total crap or a ridiculously tiny chance at something good.
I blame typical human psychology.