The wait time is due to a some matchmaking bugs we know about and some we don't (because we've never tested on this scale and this is an older build since it takes a month to cert for beta). And the limited amount of people in the beta right now.
It also has to do with the faction splitting, but the final game has a unique solution for that issue. The worldmap is actually virtual, meaning if you attack North America and I attack Europe we can still match make together, even if we're both Paladin. So trust me when I say that's not he issue.
The main reason for this beta is to learn about what to tweak on our matchmaking and also what to balance on items from a larger population.
Also... More codes!
T79MY-V7YVX-QTXW9-M4PJW-MWYWZ
T79VF-7YCDC-Y92PG-Y67DH-4RP9Z
T79XC-37CH9-3TGY6-6MJ3K-7HCFZ
T7C63-YVPYY-DYHGF-P3V4J-6H2FZ
T7C9C-CC993-Q4DYY-PDJ6F-XRW9Z
T7CCD-VVPHR-FYFFH-K4K6F-C3HRZ
T7CRR-RYC4V-QKGPT-QCYJX-XJH6Z
T7CWC-DVKYX-VJHRW-D32YJ-4X7MZ
T7D2J-GW6M3-DQ933-K2WGK-DPKWZ
T7DVH-H4C2R-H2RHG-34X36-QG7MZ
T7F6C-7FX9D-THWXP-JG32K-24CQZ
T7FPW-F7QVM-2MTDD-PR2GT-PJ2QZ
T7G4H-CYTRX-PJXF3-CCJHH-67JVZ
T7GFJ-7RJ9M-447RY-H6TV9-G92PZ
T7GJ7-6GTWH-QM7YT-WX9VM-2WJXZ
T7H62-F7YDW-4TFCX-V6DJW-4PXWZ
T7HKQ-GGMT3-TGDFK-KWT4G-KK76Z
T7J42-CTP47-H6WHT-YFTRY-G9HVZ
T7JF2-KRMXY-VP4FM-27KKJ-CJPKZ
T7JGF-XQ77C-76YVG-PVWVW-MGJFZ