Thalassian Base Camp (marked BLUE on the map) - Some Blood Elves have set up a camp in the northern parts of the Azshara. Blood Elf Reclaimers and Blood Elf Surveyors that can be encountered in the said camp are rather easy to kill and have very good Loot Table. The most notable items dropped by those Elves include Runecloth, Mageweave Cloth, 16 Slot Backpacks, various Vendor Trash Items (junk weapons, armor, and so on), and Pocket Money. They can also be Pickpocketed, so this spot presents an additional value for Rogues. Blood Elf Reclaimers have access to strong Fireball, Heal, and Renew Spells, so they should be interrupted when possible and prioritized. Recommended Level - 52+ (54+ to be extra safe, and farm Elves at an increased pace).
While I don’t know how meaningful the number will be compared to the number of players there will be at launch, having the sub requirement gives you a better idea that everyone who signs up is probably serious about playing. If everyone can make characters for free then there will be a lot of people that aren’t actually gonna play and meaninglessly inflates their numbers. This also presents the bullshit problem that somebody that never intended to play takes your name without having ever subbed. Which also introduces the thing that would 100% happen (and still probably will tbf, but less likely and slightly less sheisty in any case) that people will claim names to sell.

This is the lamest excuse to try and pin it on a cash grab. Tbh this is just you complaining to complain, there is no issue. If you wanted to play classic on launch you'd have to sub before hand anyways you're still paying month to month you don't pay by week. The only way you'd lose that money is if you quit before your sub ran out later on down the road.