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So this is what’s essentially replaced the Summoner Appreciation events? This really feels poorly designed as a ‘community event.

This isn't replacing the "Summoner Appreciation Events."

Curious more clarity for Realm event coming? soon?

If you engage with the game in all areas throughout the next two months, you'll gain points in the event.
The more players that do this, the higher the overall Milestone will get, granting everyone more rewards throughout the event.

You can reach the top milestone without spending money on the event.
There are some milestones linked to in-person announcements, etc, at Summoners Fest in November...

Is there any additional clarity you're looking for me to share?

So all players have access to the valiant EQ this month? How does a player reach the top milestone without that?

I believe Paragon players still have access to Valiant EQ.

The top milestones consist of Tier 7 Basic.
If you aren't Paragon yet, Tier 7 Basic shouldn't be naturally obtainable.

So you are missing my point. All of the previous realm events let everyone contribute as much as they could/wanted to. Yes it is harder for lower accounts but they still could. A throne breaker player could have opened enough banquet crystals to get all of the rewards. A cavalier player could grind battlegrounds. This realm event restricts what players can get. Your argument is the top rewards are too good to give to lower accounts. What would they do with one Tier 7?

If Realm events are supposed to unite the community with a single goal, this fails because by your own admission the entire community can’t achieve the final goal.

Isn't your point always missed wisdom of the profounded? I mean, it's rarely caught, objective, or has deductive reasoning. After all these years, common sense lacks commonalities. )