I agree. Had they kept it to PVP only, I most likely wouldn’t have even bought it, especially if it was “full PVP only”, i.e. with raiding.
Instead, they went for “make this a game for everyone” approach, not just in terms of PVE and PVP, but also in terms of playstyles. They try to cater to a variety of players: competitive PVP players, MMO players, builders, survival game players, RPers, etc. As a result, everyone finds something they like in Conan Exiles, but very few people are really happy with the base game.
That’s why private servers are so popular, I guess.
At any rate, this is the way things are now. I doubt they’ll make a drastic change and ditch one of the game modes. Although I confess I would like to see it happen, because this constant bickering about PVP and PVE makes me feel like we, as a community, deserve it.