I'll try give some constructive criticism.
I love the fact that you guys decided to give a prize to players that are first to cap because they deserve a reward for their hard work.
I do not understand how come they cannot keep the set, it is not very good anyways compared to 163-165 gear? Prizes seem to be getting worse and worse with time, we use to get custom seal accessories, then downgraded to MS and now we are getting rental stuff.
It is also not very beneficial for a 175 player to have a +26 set since the defense is only useful in PvE not PvP. Since he is 175, I don't think he will be doing much PvE so it doesn't help the player as much as one might think.
Overall, I like the idea of the event, but not the reward. Then again, beggars can't be choosers.