While I can't really argue with the facts you have given I can argue with the conclusions you draw. One of my big concerns is the monetary value you put on accounts used for gaming purposes? If somebody spends time gaming they obviously do not spend it working. To say time equals money is only true in certain circumstances as there is a limit to how much work and thus how much money one person can put into one day without going insane.
If we however do classify all time with a monetary value I would not put the minimal wage on it. There are a few problems with that.
Minimal wage says nothing about the average wage of the people playing it. For instance children will make less than adults while they can still play the game. You might have people on welfare playing the game. While at the same time very few people that do work actually make minimal wage, most make more, not necessarily a lot but still more. So you would have to find an average to put a proper value on it. Now this average would be incredibly difficult to find, but it would give a fairer representation. For instance it could lead to the conclusion that while people playing GW make an average of 9,47 an hour people playing WoW make 12,49. A rather big difference.
You also seem to argue that the value placed on the game should be based only on the value of the account based on a six month period. However WoW has been out for several years, somebody who played it often a year ago and not so much now could still value his or her account far more than the number you put on it. In my personal opinion the likelyhood of a WoW account having great value is higher then the likelyhood of an GW account having that same or even greater value to the individual.
As for the entire security around it, I personally don't think GW is lacking in security. 2-factor authentication is already better than what most offer, that your e-mail account might be compromissed is hardly their fault or responsibility. If you want 3-factor authentication or fear the loss of your account you could also take more responsibility yourself, by for instance not using one e-mail address for everything. Creating strong passwords and checking them every now and then.
Furthermore account retrieval does not seem to be limited to just one e-mail, and if you have the information required you would probably get your account back, so I don't see the real problem here.