If they would add some more "grind reduction" to VIP, I think that might make some of the more seasoned players happy, since we sort of understand the grind.
Someone already mentioned more bonus vip xp, and larger buddy bonus. Good idea.
How about letting VIP's use their vet status for TRs? How useful is that really now, it's not like we are rolling new alts every week (or month, or year, or ever) . Are YOU enjoying running harbor for the 800th time?
How about letting VIP use the 2nd life xp values for a heroic life instead of 3rd life values.
Let VIP's have the option to do an epic life to get racials or class lives.
Those are the sorts of things that would get my sub renewed. Not returning arrows.