Thanks to everyone who's given feedback on this so far. We'll most likely review the level ranges tomorrow as it does look to be spawning too many low level arenas at the moment (remember you can join these regardless of your AL or VL however - it just determines the max level of equipment that is taken into account.
Also I quite like the idea of the arena token prices being dynamic - we'll give that some thought
If you make it dynamic - please do so in a way where it's not going to matter what timezone you are in - there should be no reason why 3AM EST in the United States stuff is cheaper than 6PM EST in the United States - it should be set at a specific price for a given period of time - such as 24 hours, and then lowered/raised from there. Otherwise, a select few players, who time correctly (just like the marketplace) - can essentially capture the market with token wins. Sure, it might mess up the whole supply/demand principles in some ways, but if you're looking into a dynamic viewpoint, please consider this point.
Edited by Kedyn, 26 June 2014 - 20:47.