Dungeons And Dragons Online: DDO News: More on Point Buying

With the previous announced point-buying system being used for DDO, Xundau adds a bit more about why they're using it on the official forums:

In any event, we understand that everyone has a different idea of what their hero's stats should be -- some people think that the stats generated by 28 (or even 25) points are just fine, and some people think that any character without one or more 18's at 1st level is worthless. We wish we could please everyone, but in the end, we have to pick a number; randomly-generated stats are simply not something we're considering for a variety of reasons.

Check out his post here. There's also a bit about what the Dungeon Master's Guide recommends in terms of point buying.