Well, the war is over for me since I've run through 600HP this war and I don't have time to recoup before my Orders last battle. Overall, we will be ranking around rank 40 (hopefully under) with our efforts. To give people an idea of what it takes to meet this rank I decided to write this.
Every member of our order spent 300+HP, mostly during full Shingeki+Combo bonuses while using at least the small point boost cards. We only attacked Order Leaders, Vice Leaders, Attack Leaders, Support Leaders so we always got those bonus points, after five were dead they reset and we repeated. We have members in our order that spent over 1000HP carrying members who could only afford spending around the 300. These same members sold their cards from coin packs to earn more HP to spend as they went.
In the end, our Order will have spent about 20,000HP to achieve top 40 (assuming we hit it). This means we will have spent an average of 520HP per person. The rewards for top 40 equal roughly 400HP and hopefully we can earn 200HP in silver coin rewards as well. If we each spent 520HP we would be hopefully earning 80HP in profit from the entire experience. We won't even be eligible for Order Victory awards because we only fought about 6 wars. My individual reward for spending 600HP will be in the 1000-3000 bracket which is worth about 10HP.
Now, if we miss top 40, our prizes will be worth about 150HP each and we will be losing our asses.
Now, here's the interesting part. If I took that same 600HP I spent, purchased 8 Raphellias, combined them into their final forms, waited two weeks, I could probably easily sell them for 1500HP. Or, I could have purchased Devil Queens at 70HP each and sold them for 120HP each in two weeks for, 960HP.
This means that under pretty much 100% of scenarios I could make more HP taking advantage of low Holy Wars trading prices than I could actually participating in Holy Wars.
So why do I do it? Because it's more fun that playing the game like an auction house.
The moral of this story is Mobage needs to take another look at their reward structures because at the moment, it's so unbalanced that it favors people never participating. This means most players will stop participating in events which just leads to ceasing to participate at all.