I'm specifically interested in the current Gilded Rage event, but this really applies to pretty much all of the events.
Should I even bother trying to participate in these large events if I don't have QL10 gear? The event bosses seem to spawn all over, but apparently have the same stats regardless of which zone they spawn in. If one is in a low-level zone where I can get to the fight and won't get insta-ganked by random wanderers, will I still die instantly against a boss? Will I be able to contribute meaningfully?
I joined the relevant chat channel to find out more about where the bosses were up, but I'm not sure how to interpret the messages. They typically say "Dim (number), Serv (number), (acronym), (coordinates)". I know the acronym is the zone and the coordinates are where in the zone. Dim is dimension and serv is server, I assume, but do I have to wait for a boss to spawn in my dimension/server (how do I even know which one I'm in?), or is there a way for me to switch over?
How does one participate? Just show up and zerg the boss? Or do people normally form properly coordinated groups? If more than one group (raid group?) is involved, does only one group get the drop(s)?
How do drops work? Does everyone (in the killing group?) get a drop, or are they rolled on as usual? If rolled on, how many items typically drop? What are your chances of getting one?