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As you level, you will buy new ranks of spells. If you splurge out on an item upgrade, you will not have enough gold readily available to upgrade to the latest ranks of spells: placing you behind. Moreover, you can buy gear upgrades from the Auction House (AH) or vendors. Furthermore, you may have large investments that need to be paid for professors. You will need to purchase reagents and items such as leather, bolts of cloth, alchemy supplies – unless you have a charitable friend or another high-level alt.
I really can't buy into this reason because they used to do beta without the subscription requirement. It seems like if they want to test how many people are interested, they can just open it up to everyone like they do for every WoW expansion. And how are they going to know how many servers they need for all the people without a subscription who can't reserve a name or qualify for beta?
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.
Whelgar's Excavation Site - This Dwarven excavation site was overrun by Raptors (Mottled Scythemaws and Mottled Razormaws). These reptiles are a great source of Medium Leather (you should have Skinning Profession if you want to farm here, as a very large portion of income that comes from this spot is acquired by Skinning Raptors). They also drop some Vendor Trash Items and Raptor Eggs (these are convenient, as a Cooking Recipe for them comes from a Quest that is located just above the Site) that can be used for Leveling up Cooking Skill. However, the best part about this spot is that both Raptor types present here drop level 19 Twink Gear (Feet of the Lynx, Sentry Cloak, Redbeard Crest, and Twisted Chanter's Staff) that will achieve astronomical prices at the later stages of the Game (drop rates are very low, so some RNG is involved, sadly). Recommended Level - 25+.