Yes, that is indeed a point that is very understandable. Most of us weren't really complaining about you creating an Icecrown-ish server, but rather showing the demand for a pure Lordaeron-like vision realized in a TBC environment.
We didn't expect a TBC server to be made, and are extremely thankful for the work put into it. But at the same time we are demonstrating our interest in making a server with more blizzlike/hardcore settings, probably as another realm beside Outland -- as you yourself said in your post that with sufficient interest present, you might create a realm akin to Lordaeron. We certainly weren't trying to insult the result of lots of your development time, even if the server is going to have settings that are not to our liking, and even if we might wait for the creation of the possibly upcoming second server.
I'm also pretty sure a lot of people would be even willing to donate to Warmane should that dream be realized, not to gain any specific item, just to make that balance you're talking about slightly positive. (Not sure what the operational costs of a server are, but at least the TBC core should be able to easily be shared between the two realms.)