There are many games marketed towards 'hardcore', 'competitive' players like myself, this isn't one of them.
The more I play and the more I watch the devs talk about SoT the more evident it is that PVP seems to be neglected. I say that based on how uncommon it is to actually engage in PVP, especially ship combat. The gameplay is in place for fun PVP but the way the missions work and the low server population means that PVP is, at best, a very low-chance occurrence.
I want to sail on the beautiful water with friends and I want to battle other PLAYERS. I don't care about shooting NPC's or treasure hunting, that stuff is so tedious and bland to me. PVP, by nature, is always dynamic and hopefully challenging. PVE would have to be of such a high caliber before it satisfies even close to the same way.
I will continue to play and pay close watch to the updates up to release. It seems likely that I will buy the game well after release when they've fleshed out the game more and hopefully allowed for a more pvp centric playstyle.

