In response to some of the above...
This is an MMO. I have been assured by Rare in an unbrelated thread that things here are SUPPOSED to take a long time to do, it is part of the economic model. Those who do not wish to spend their lives here need not apply...
So, yeah it might be nice if there were some more involved Holiday quests with more substantial goods. However, seeing as the Holidays are about gift giving, I would want to see easier content like we have now as well.
For me, the Holiday Event was largely a bust. The Pantsless G- oop, i mean bathrobes... well... suck. Especially since they cover up the other Holiday items, and/or look stupid with them (unlike the men's vests which actually go with all the other mens Holiday items quite well and rock.)
They could make it up to me next year with white,red, and black sleeveless Open trenches. (Im visualizing the one Niobe has in the early parts of Enter The Matrix. I realize that we dont get new items, but I think you could cut the sleeves off an existing open trench model, although that might leave you without arms, the coat model prolly replaces the body arms, but that should be able to be worked around.) Such a trench would show most of the Holiday shirt, maybe go well with it.
Just my two sense...