The server is an interesting idea in that it's very different, but it's hard to tell how well it will do long term. It seems more of a mess around on type server than a serious one. The randomized loot tables on raid mobs will have it's rewards but be insanely frustrating at the same time. The unlock schedule isn't much different than any other TLP though after LDoN. Current TLP's already start the 2-3 schedule in PoP.
I think you will see a lot of very small guilds there as there will be a big incentive to sell raid loot or keep your guild small enough to where you can do an honor system. Guilds who don't want to see a lot of drama will either have to operate in a GDKP fashion or no loot rules.
I saw some people saying that this server will be the end of batphone guilds, but it would not surprise me if someone makes an OW batphone guild with no loot rules, you can bid on anything that drops with your dkp and sell it type thing. I feel like there would be a huge incentive for that, that would draw the attention of a lot of people.
I feel like the server will probably consist of one OW batphone guild, a ton of really small DZ guilds, and a metric shit ton of 36-72 boxers.