Tonight I watched a couple of hours worth of gameplay videos. During one of them, the player remarked that when you kill a creature in a dungeon or enter an area to discover loot, if there is another RL player there, they can take that loot before you get it. Boss loot is just given directly to the player, but random loot can be taken by another player and has to respawn.
The player in the video then noted that if a dozen or so people are all creating their characters at the same time, they could pick the chargen dungeon clean before you even got a chance to get to the loot.
Now, that's "normal" circumstances. Imagine Sunday at 7:00 a.m. EST. Imaging 1000 people (or more) all trying to create their characters at the same time. Even if you have three different alliances, that's a lot of people all pouring through the chargen dungeon at once.
Since I didn't play the beta, I'm not sure this is accurate - so I'm asking beta players? Was this your experience?