I'm not a fan myself, they kill the suspense of engagements for me. I hope they remove it before the game ships. If you are inclined, share your thoughts.
Image courtesy of [b]Sarcis[/b].
Edit; As it stands the ayes have it, demonstrably, and these Barists have articulated their stance well. The Nobarists (myself included) will just have to hope there's a toggle option included in the settings. Thanks all for the feedback.
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I personally only think it should be on persons, friendlies on always, but on enemy players it should only be shown when they take damage on pvp (for stealth reasons) . However for enemies I think the bar should only be shown on public events and/or major bosses. And most likely the bars should be toggled in the settings/options menu. Just my thoughts