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Monks in eq2 are a DPS class
Actually, they are a fighter/tank class, even though they do good damage for fighters.
DPS classes do significantly more damage than Monks. Those would be the Scout classes of Ranger, Assassin, Swashbuckler, and Brigand. Troubador/Dirge are Scout classes, but they don't have the high damage abilities as the others. They are primarily buff/debuff.
Mages that do good DPS are Conjurer/Necromancers with Wizard/Warlock at the top of the DPS food chain.
Monks defense is based on their Avoidance, which is normally very high. They depend on not getting hit in order to stay alive. Where other fighters can concentrate on boosting Strength and Stamina, Monks must also raise their Agility to keep that Avoidance up.
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Are there new players like myself still joining the fight?
There are new players in all the zones! When you create your character you will have a choice of servers. Consider Najena, as it has a bustling population, robust economy, and lots of friendly people.
When you get there, look me up. I can help you get started. :)