I do like player characters to be both available in male and female forms. I totally do not get the point of having pandas or other furries in my fantasy MMORPG, and I have little sympathies for furries running around doing furry stuff in my online fantasy world demanding a monthly paying fee for taking part in somebody else's twisted furry fantasies.
When I am playing as a female, as I normally do since I cannot relate much to a male hunk, and staring at his ass move gets really boring after, say, five minutes or so.
The only thing I really care about is that I can make use of the stuff I find/loot/buy/create without ever feeling discriminated because of gender.
Fallout: New Vegas had me destroy the whole Roman camp mainly because the Neo-Roman head honcho was a sexist twat, and because I was locked out of the arena. I also felt an urge to basically murder/maim/nuke the jailers and really hate just about everyone on The Strip - and beyond.
I don't really mind if TERA has jiggly physics, as long as it does not degrade the overall performance of the game. Yes, you are bound to find female characters bouncing a whole lot more than they should, and you are bound to find female avatars strangely standing still for an embarrassingly long time, but that's life and hormones to you.
I feel the need to say that, even though I am very open and accepting, adding "Asian devs and artists" to the mixture of life and hormones does tend to get well into severely messed up and wrong territory in just about no time. Sometimes, I wonder how reproduction rates remain stable in, say, South Korea or certain cities in Japan.