Compared to WoW before it's 1-60 level speed increase EQ2 actually felt faster already.

I hope they find the right balance. Back at EQ2 launch I was completely new to MMOs so my leveling speed was very slow and it took me about 3 months (real-time, not /played) to get to 50 as a very group active tank (Guardian).

I think the time to reach the cap as a new player should at least roughly stay the same over the lifetime of an MMO, no matter how often the cap is increased.