I think everyone should be forced to suffer the slowness of the 60% flying mount.
But then again, I'm probably the only person who likes Outland.
As for the level reductions, that's the trouble with these kids today; they all want something for (practically) nothing.
NOW GET OFF MY LAWN!
In all seriousness, Blizzard may be coming to realize that their new susbscriptions may be dwindling and to extend current player interest in the game (ie re-rolls, alts, etc), things gotta get faster. IMO the game starts at 80 anyway.
I am much more eager about getting my hunter to 35 for more profession training now that she won't have to walk everywhere.