Is Warhammer Online item based game?

I would like to try the new Warhammer Online game that is due to come out at the beginning of the next year if I am not wrong. But I dont know if I am going to be so interested if it is not PvP oriented game. So is Warhammer Online item based game? I know there is not lot info about this game, but I hope somebody can help me.

Item based games are not that boring I must say. Just remember how much we played them before PvP came into action. I am really sure that Warhammer Online is completely PvP oriented and you should not have any worries in that department. I heard that the graphics is awesome and that the story line is not a bit lame. When you look at all this, what else can you ask from a game? I cant wait 2008, and I know beta testing is already on its way and they are making improvements as we speak. We should just kick back and relax and wait for the New Year.

Warhammer is supposedly going to be the least equipment-centered game of all the major MMORPGs that have been out. While gear might make a difference in battle, it will not have the drastic effects you see in other MMORPGS.

And certainly you will not have to grind for hours in PvE settings to be competetive in RvR, as RvR is made from the ground up to be the center of the game!