I think this is getting stupid.
If we are bringing in new donator gear i suggest we lose the old ones.
I've seen servers where ppl don't even get gear from raids, only donator gears, and i think the more donator gear we bring to the den, the less quality the server will have.
Less ppl will go out raiding and stuff. And that ain't good for a server, so I suggest you keep donator gear, but don't make too much of it.
The morphs, that's like being GM's, that's probably just the start, next you'll probably make scale modifying items, to make you bigger or smaller.
Slowly adding GM powers to items, and players. Eventualy there will be speed modyfing donator items if you continue with them' at this rate.

My point: Slow down. The den is still the greatest server ever, so don't spoil it with too many donator gear players. Then people will lose interest since there are so powerfull players arround with dono gear, they won't even bother going to raids cuz they'll think that you have to get dono gear.
So either slow down with the donator gear, or make it clear that donator gear isn't everything on the server. You should probably add that to the first page of the rulebook.