I'm a bit late to this, but that's okay.
Personally I shared your view, I didn't play and didn't know if it was worth it to come back, when I did, I didn't regret it at all, sure the playerbase is a bit smaller, 3v3 arena is still the same, territory wars are sometimes onesided battles. But, the reason why I stayed is the playerbase, even if it's not as big as it used to be, it's a close community, most people know each other regardless of their peerchat. In some way the game never really lost it's activity if you see how close the community is now (note; there's still drama, it wouldn't be EE without.)
The game itself, well you've played it, I don't have to tell you anything about it, if you loved it back then, it might seem repetitive leveling up, but in the end you'll be back up in no time. The game has always had a special place in my heart, and that's mostly because of the community.
Considering you already started playing, good luck on your future adventures in the game and I hope you have fun in EE.
You can message me in-game (My char; Shi) or on Discord; Shi#7685 if you need any more information, or if you just need help.