guild-wars-2
So the new April feature pack is live and has made some changes to the trait system as well as introducing new traits.
I logged into my lv31 Thief who has 20 trait points to find that all my traits had been reset and I had 1 available trait point.
How have the changes to the trait system led to my losing 15 trait points?
Overflow servers are created when the zone or world you're attempting to join is full. They're basically just another zone instance that's made. When you try to join a world/zone that's full, you will automatically be placed in an overflow server. You can earn XP and other rewards as normal on an overflow server, and it will consider you "in queue" for the "main" zone and once space opens up, it'll ask you if you want to join the main zone.
You will receive 3 options when the main server is ready to accept you:
Additionally, if you let the timer on the popup run out before you make a choice, it will default to "Reenter queue", leaving you on the overflow server, which will give you a chance to leave later.
Level downscaling will downlevel your character to the maximum allowable content level for that area.
So this will affect all your primary stats, Toughness, Vitality, Power and Precision. When you open your hero panel you'll see your main stats on the right in white, and next to them on the left you'll see your 'effective' stats in green. These are the numbers that you're going to be using. As these numbers are changed this will effect your damage, hp, crit chance, etc.
The thing with you feeling more powerful is that you still have the higher level gear. So for example, if you are lv30 you might have an amulet with +11 power. You go to a lv10 area, and fight with players who at lv10 can't even equip an amulet. Now I'm assuming, but let's say that the downscaling is a %, then your overall stats will be higher, meaning you'll be stronger at lower level because of your better gear.
You are by no means at all invincible, but you'll certainly fare a little better due to having more or better gear. The real killer is that as a higher level you will have traits and skills available which lower levels will not. You can also use your Elite skill still, if you've unlocked it. So there are some advantages to revisiting the lower level areas.
I think most people's experiences of this will be doing each of the race's starter areas once they've finished their own.
You can read more on the wiki, http://wiki.guildwars2.com/wiki/Dynamic_level_adjustment
Character level adjustments have a limit, however. The level-adjustment system won’t let a level 1 character go head-to-head against a level 80 character with much chance of victory—a level 80 character is still going to have more bonuses on their gear and access to a full complement of utility and elite skills that players just don’t have at lower levels. This is not to say that the high-level character will one-shot the level 1 player, but they will have a clear advantage.
http://www.arena.net/blog/mike-ferguson-on-guild-wars-2-world-vs-world
Edit
Since Jan 28th 2013, the downlevelling has changed. https://www.guildwars2.com/en-gb/news/dynamic-leveling-adjustment/
Best Answer
From the wiki,
So it seems that my trait points have been adjusted to match this new system. Because I am lv31 I have only earnt 1 trait point and will need to level up to lv48 before I can get the same number of traits as I had before.