There's a number of people are concerned about needing the legendary cloak to fight the Fire-God Ordos, a special boss accessible on the Timeless Isle. Those people with the concern raise the point that this is essentially cutting off a significant portion of the game to those without the cloak -- or at least what they feel is a significant portion of the game.
Except, it's not a big portion of the game. It's one boss, and a rather insignificant one (in the grand scheme of things) at that. Further, players that have put in the year long effort to actually get the legendary cloak deserve some sort of reward for their troubles. And while the awesome cloak is certainly part of that reward, getting to experience a different boss is a nice added bonus.
Zarhym makes this point well in a post on the forms, and it's worth taking a few minutes to read his words. He also makes a great point at the end -- getting the legendary now through SoO farming is just as viable as working on it over the past year (and it's entirely possible to do that). Now it might be a point of pride to have worked on it over the long haul, but still, he is correct in saying it's just as cool no matter when you pick it up.
Zarhym's full post after the break.