In 2007 it was even more repetitive than it is now, not to mention much slower.
That's from personal experience, not guesswork.
Anyway:
Uninspired: You really think that? Go do some quests. The only reason 2007 seems so great is because it's relative to what came before and because, well, games have come on a hell of a lot in the last 5 years.
Greedy: Yeah well, Jagex need more money to pay off their greedy investors who are probably the ones ruining the game (55% shares ftl)
Repetive: See first bit
Boring: I don't think so, but that's just opinion,