So I have briefly played on about 5-6 other servers/emulators since Nost went down. The issues I have are the same you have, mostly PvP servers (I prefer PvE), low populations or too high populations, poor ping/latency, DDoS attacks, running stock MaNGOS with all the same problems as before, poor developers and admin, rushed out servers, bad scripting, terrible loot functionality etc etc.
I've been on the CF forum for about three months and this is the real thing. This will be Vanilla as it oughta. But here's the deal, the population will keep to vanilla server ratios, so with a PvE + PvP server we are looking at about 5000 active players.
So if you are interested, and the launch date will probably be towards the end of the year, get your collective asses onto the forum now...
http://forums.crestfall-gaming.com/