Elliiiiiie yes. Everything you just said. Yes.
Except, back in the day, I was on this horrible, horrible computer. I was alli then, playing with my friends, and anytime I'd want to go to, say, Wetlands, from, say, Booty Bay, I couldn't make it past any major cities. In fact, I had three characters permanently in Ironforge because it lagged so bad (back in the days where there was only one AH, and of course that city was flooded), and I would fly to redridge, and just run to the next flight path because of the non-connecting paths, it was easier to lag my way through a place where dudes were so high level they were skulls to me (aka, burning steppes, at that time), and die again and again and again rather than have my main character stuck in Ironforge.
*hugs new computer*