I don't know, again, from what obliv has been saying it sounds like WoT and while that game is extremely grindy it has a good player base. Also keep in mind that this update apparently only came out a few days ago; Lets see where it goes before we cast final judgments on it. Still this does not bode well for the game
What you (and most defenders of this model) are missing is that there are a range of reasons why WoT got away with its model, and none of those things can be applied to Dreadnought:
It was basically the first game using the model it had. Dreadnought is YEARS late to be following in its footsteps with any hope of success.
The individual tanks are almost all unique and different, not linear stat upgrades with extra module slots thrown in at certain tiers on top of the flat "better than previous tier" build-up.
The tiers are MUCH flatter in WoT than Dreadnought, in part because they have a lot more tiers.
Even with much, MUCH less of a gap between tiers, players who quit - and there are a lot - frequently mention the elements of WoT that Dreadnought is trying to mimic as reasons to quit.
Even with all the things which have allowed it to get away with that model, the game (and the company running it) has been losing popularity fairly steadily in recent years as players move to the competition where new devs are NOT mimicking that now-proven failed model.
Not trying to defend the model, I personal hate it and is the reason i stop playing WoT, i'm just trying too see where there coming from and why they would want to try this, in my mind awful, business model. I may not like it but i can see why they would want to experiment with it to see if they can make it work.
I hope they move away from it, however I also need to take what your saying with a grain of salt since i have yet to log in too see myself how it works because lets face it people go to forums to complain and these forums don't seem to be too active so i have no idea if it is this bad or if it's just a lot of belly aching on your part. Since you seem rather knowledgeable on this i doubt you are but still.