From the prior posts, premeditated PvP is good as long as both parties are ok (wow, only time the word premeditated stands for something good).

We've all played the MMOs where we are a new character in the lowbie zone and we get the duel/challenge/PvP request from some complete stranger out of nowhere and the challenger is triple your level.
If everyone who is a part of it are ok, then there's no issue. I think the issue many have about PvP is when both parties are not ok. Or when we think the PvP is stemming from reasons/intent that are not IC/IG related.
I kinda like the flag idea, but it is not suited for everyone, as stated prior.
Can we attempt PvP plots? By that I mean where we have a plot/mod/side quest people can take part in, but they must know going in that it will involve PvP, and that they risk something happening to their character. This could fulfill those with a desire for more "risky" playing, & as well as hopefully a chance for more cool IC/IG driven story. Only those who sign up for the plot will be involved and you cannot get friends to join in without them also risking PvP. They must know as well.