That is possible, though the Devs themselves were making statements a while back like "being able to jump into raid as soon as you ding 50, no gear requirements etc." and "voice communication will not be required to complete raids". Makes me wonder how accessible they wanna make end-game. I'm all for having end-game accessible to more people, but there should still be some effort made to complete it... no hand-holding, no catering to the lowest denominator.
That's something that WoW would do that irked me. They would eventually nerf all the content so everybody would go through it. And before somebody complains they can't play 24/7, I was in a guild that only raided two days a week and we would eventually be able to go through all the content... not as fast as the hardcore guilds, but on our own time, without help or nerfs. I fear SWTOR is going to take the WoW approach x2.
Anyways, I guess we'll find out in a couple weeks what's up. No use speculating on it now.
Speaking of which.. i just found an Eternity Vault stream
http://www.twitch.tv/innverse