Have I understood PvP in this game correcty?
Yep, glory buys pvp gear, and you can get newer (and generally cooler) gear every 10 ranks. The gear is purely cosmetic, so new players are on even ground gear-wise.
You cannot bring PvP gear into PvE, but there are some pvp rewards that can be used to earn money for PvE, though it’s not really time-efficient. PvP reward chests can give you unidentified dyes, which can be sold, and paid tournaments can reward gems.
Miyazawa Kengo — Nefarious Mushroom Plan [gasp] — Stormbluff Isle
“Come! Break your weapons upon me!”
“Come! Break your weapons upon me!”
The gear is cosmetic so that all players are on even standing.
You can’t take it to the PvE world (yet).
Gear is configured mostly using runes and sigils which are free on the vendors in the mists.