To the original post of this thread: Beginners are not being punished. The PP value has been changed for the mid level mobs as well. I no longer get 30-ish PP for an ulbernaught kill, I get 7 or 8. For killing trepors, I get about 1 PP for every 2 trepors I kill. I do not think that I'm being favored, lol. However, I think that I did get more PP now then I used to when working on my character's second trade [smelting]. It is nice to see more PP being earned by doing tradesman work; hopefully this will lessen the pressure on the mobs as the main source of PP. My character's main trade has always been hunting, so she probably will still spend a lot of time killing mobs still, lol.
The system is changing and we all just need to be patient as the dev team works out bugs. It seems to me they are also working on finding a balance to the whole PP/training system. Let them work and stop trying to put oldbies against newbies. Btw, I consider myself a mid level player.