Yep, my brother selected to be Bard and at level 20 became a Troubadour. He is now Level 38 and is often headhunted for groups and has a couple of guilds courting him in the hope he signs up...thus proving that played well the Troubadour class rocks!
I'm not sure if the class is similar to the EQ1 bard, but my brother who played EQ1 for a couple of years has yet to complain.
Cheers
Minky