My Capybara experience so far...
I wanted to share some thoughts on Capybara so far. I have three level ten characters.
Most of the server is pre-30. You can use your TWOW client and change the realm list. My ping is 150-200, which plays fine with nampower and the spells/skills queueing anyway. There is an autotranslate addon (WoWTranslate) that works great and the Chinese player base is friendly.
I see players stop and look at me like "da fuq are the english speakers here for?" During my prime time the server is active but not over populated. Unfortunately around 7 pm there are a HUGE influx of Chinese players and it can be very difficult to quest. It will be interesting to see how this plays out once we're raiding and if they merge the old SEA characters.
There are some english guilds and an english world channel that the Chinese like to hang out on with translators lol. Any sort of racism or animosity is strictly shunned and people will shit all over you for it.
Moderation is very good. I reported a bunch of multiboxxers and got near immediate responses through the in game mail system telling me they had been penalized. I would add them to my friends list and they would log off for the day.
Name availability is awesome since most names used chinese font. I was able to snag Sephiroth and Jenova and my real name and other funny names.
It's TWOW as we know it, even with the last minute changes and the new raid and everything.