Anet’s handling of the karma weapon bug they introduced is a joke. Keen has a post up about it, and in the comments you will find Anet’s stepping-back statement.
First, the ban makes zero sense. So anyone who ‘used’ the mistake that Anet made, but used it only once or 49 times, is OK, but anyone who ‘exploited’ it by using it 50+ times gets banned? And not temp-banned, but perma-banned (until Anet stepped back and asked everyone banned to jump through a few hoops). Now granted, this is a game where swearing in chat will also get you perma-banned, while botting is a 72 hour ban, so I guess up is down and down is up here. If I sent an Anet employee a death threat, I’d probably unlock an achievement or earn an in-game hat…
Second, you must first HAVE an economy before you can worry about it being ruined. Does GW2 have an economy? There is no auction house right now and even the ability to ‘trade’ items is not always available (since in GW2 characters apparently can’t hand items to each other, just to NPCs). Plus isn’t this the game of easy BiS gear and no end-game? How exactly will an economy work in that kind of setting?
The tinfoil hat part of this is the worst aspect though. Anet loses NOTHING from banning you, since the game does not have a sub cost. If anything, they might gain another box sale. In this light, it’s very easy to see why they are so quick to perma-ban you over looking at a mob the wrong way, and are also going out of their way to make getting un-banned difficult (deleting the items yourself, really Anet?).
At least they (a few days too late) learned a lesson from Aventurine and have stopped sales of the game to limit the overpopulation issues. Maybe this too was bugged, but I sat in the WvW queue for two hours last night and never got it. Granted, I’m sure the problem is just temporary with the initial rush, and once everyone hits 80 they will… oh wait. Nevermind.