I think there was just massive oversight in the early expansions.  Remember that early expansions came out pretty quickly.  Later expansions moved aggressively to get things balanced.  By later expansions wizards actually became the premier burst dps class with good to great sustained dps possibilities.  I forget which expansion I finally stopped playing live during but at that time monks specifically and rogues were far and away in the worst spot. 
 
Live never saw years and years of velious and a few years of kunark before that.  Very few people proportionally saw level 60 before Luclin dropped.  And only one guild I’m aware of was actually in VP before velious (Afterlife of Mithaniel Marr led by Hobben and Thot - my home server) 
		
		
		
		
		
			
		
		
		
		
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