No Milo your are wrong. Most people left because its not rewarding, no incentives and no targets to go for.
Just be in a leaderbaord to be there is not enough and noone play just to play it because thats why it get boring ya know?
I quit over a year ago and stumbled on this post checking back to see if anything had changed. Milo is right, I and all of my friends (roughly two dozen) quit because it was not fun, not because it was unrewarding.
I had hoped by now there would of been some more modes (TDM, Arena, Duels) other than conquest, which is terrible. Clearly this game is the same as i left it.
/bye