Certainly wouldn't be the end of pvp... most people that play it nowadays have either long ago had those pursuits done, or just don't care to intentionally complete them. They actually like pvp either way.
Others that are going into pvp solely for the pursuits - only want to get those pursuits done so they can be done with pvp.
It'll be nice when pvp becomes entirely optional though... and I'd wager there'll still be people pvping simply because they like to pvp.

