I like your suggestionsEven though I really doubt that they would release such version...
I would only play it if it was, of course. And have an option to transfer all my AP from ESO (since it would become useless in this game) to that PvP version.f2p (for TESO owners)
The only downside for me would be - I would almost stop playing ESO (just do some quests I still have left and there would be nothing else to do)That would be really sad, cause it would mean all my beautiful mounts and costumes would go to waste since I couldn't show them while playing PvP. I very rarely do group content like dungeons and trials nowadays, so PvP is the main activity where I get social interactions in ESO. This could be solved by allowing to copy all owned cosmetics to that new PvP version.
Also, if that game would have something like Crown Store, there would be need to have gifting there (and/or ability to safely trade gold for crowns).
And Battlegrounds would need to have option to choose preferred match mode (yesterday I played ~30 random BGs, and got only 3 DMs)I'm very very tired of this.