The amount of cheese is really hilarious. I'm laughing hard everytime I enter this thread. I've never seen a loot based game being exploited this much. At least not this early on.
I think it speaks volumes about the actual content and the repetition and randomness to it. Why are we still playing it? Seriously.
I don't think it does. People will invariably go the easiest route. Loot hunger is strong. It doesn't really have much to do with the content or repetition.
It could be brilliantly designed and people would still do this.