I also played Albion some times.
In PVE the ping wasn't an issue for me.
Server lags were international - therefor not only a problem for me alone...
My biggest issue was, that I often didn't get any loot during fraction fights.
Anyone that was part of the fight could loot --> most of the times the dead players where empty when I was able to open their inventory.
Part of it because of the ping (an American friend was able to loot a lot), partly because of players using tools to loot faster. To be honest: The second part was more annoying for me
Both parts could be solved with a different method to give the winner the loot.
e.g. throw a dice for everyone that helped in the fight to get the loot or limit people to one item per dead player every 15 seconds or ...
Sure: Good ping is nice, but playing alone isn't fun.
Nothing feels more boring then a dead world.
Why should I try to get stronger if no one else is around to do stuff with?