WoW has a more 'noob' population than EQ, generally not as mature.
WoW's endgame is on par with EQ, although there is less variety of locations.
Exploits with WoW are generally fixed far quicker than they are with EQ (lol's to all the bards sitting outside the Forgotten Halls twisting Selo's and DOT's)
As far as gearing up goes, there are diffrent ways to get your "high end items" PvP in Battlegrounds, PvP in Arena's, Farming the Heroic (read difficult) Instances for tokens, Raid's (duh).
In WoW you don't feel like throwing your monitor out the window when it comes to leveling tradeskills.
WoW requires more raw computing power than EQ.

As far as maxing level in WoW, to get to 70 you're looking at about 12 days of /played time on average, I'm not up-to-date on the EQ leveling rates anymore, but 75+100 AA's in that time? Plus the obvious bonus of WoW is that you don't have to kill rediculously hard raid mobs just to get some more spells. (Aside things like the Paladin Horse, Warlock Dreadsteed and Druid Flying form)