The way I see it, UO is a hobby that doesn't produce something you can actual own, but more of just entertainment value. Kinda how people pay someone to ride a roller coaster, or visit a theme park. If you think of UO as a theme park, and your monthly fee as your ticket to access the park, the enjoyment you receive out of what you're doing is what you pay for.
People shouldn't expect to make money off the fun they've had over the years. People should accept the fact that they invested their own time/money into something they wanted to do, had a great time doing it, and then one day when they decide to quit, they should be happy with the time they've spent and leave it at that.
All just my own opinion of course, and obviously it stems further than that because of the way items/account age and characters affect the worth of the time people put in, but honestly, I think there's something amiss if people think they deserve to be compensated for the time they put into a game they liked to play.