No , it doesn't mean that there is a lot of new players .wouldn't that mean there are a lot of new players then? How is THAT killing the game? (by the way, I'm not saying bad quality players is good - but definitely more new players is better than no/few new players) unless you mean by killing the game it's now more accessible to everybody - not just the "elite" members of top raiding guilds.
It's just a lot of players who formerly couldn't get anything laid , except the Wb, that suddenly have access to top gear , can't play their class and therefore decrease the average quality of proper raids , if they join