A bit draconian!?! A BIT?!
Try EXTREMELY Draconian instead, it's much more accurate.
Reduced XP, pitiful currency cap, woeful storage options, 1 message PER MINUTE to [Global], Reduced quest rewards, Increased goods costs from NPC's, No character customisation's, Not able to wear a title, Not able to use purple quality items, No companion customisation's, 3 Warzone Loot rolls per WEEK (you can do more, you just won't get loot rolls). Constant "Subscribers get better options" adverts, Limited number of ingame revives, etc, etc and the list goes on...
Honestly Free2Pay in SWTOR is a joke. And I've played several.. it's hands down, easily one of the worst Free2Pay packages available.