Not really. The old arena set up, in my opinion, was much more fun. Always a decent fight to be had, lots of people on, and you knew where your friends and squad mates were going to be so you could play together. With the new setup, many people try to log into a 'capped' arena unsuccessfully, and if they don't want to wait for a 380 person arena capped at 300 players total, they go find something else to do.
When there was only 300-350 in the arena, yes one arena was much more fun. Also, back then you had more players that were WWII enthusiast instead of "gamers".
You still get the same hording issues, and the same base grabbing. Often even worse. If the arena is capped and one side has a significant numerical advantage, they will keep that advantage throughout the evening (no one else can get into the arena); gets frustrating at times trying to fight 1 vs. 3 when the numbers get really heavily in favor of one particular chesspiece.
Again, that aspect of the game is really pushed to the fore due to the "gamers". From a gamers point of view the be all and end all of the game is to win the war. In the old days, it was more about the fights, whether it was a fight in the air, on the ground, for a base, or just against a certain squad, thats what the game use to be about. I wish there was a way to let people into a capped arena as long as they joined the lowest numbered side. I think that would help with splitting up the "hordes" a bit. Unfortunately, how do you stop them from switching back to the populated side after they get in?
Titanic Tuesdays become really fun for those of us who love the 'massive' ground and air fights of the old arena. It's a popular evening, with close to a thousand players in one arena during peak hours (I've seen Tuesday's arena population higher than weekend populations at times!). Sometimes I wish we'd have another evening with a rolling planeset and huge single arena that would encourage flying aircraft other than late-war birds. Would love to see a night full of Brewsters, I-16's, P-40's, Zeros and such.
To a lot of people, this is the worst night of the week to play. HTC has said himself that the numbers are not as high on Tuedays as any other night. I work to much these days to fly during the week, but before I got this job, Tuesday night was the only night of the week I would avoid flying. Just to hard to find a nice little fight going on. Hordes of 60+ planes abound, and skill is unimportant, all you need is luck. Wheres the fun in that?