I don't think I'd count it... unless by replaying it over and over you mean you make a new character, get them to max level, do all the raids and get all the gear... then do the same thing again on another character. MMO's can't really be replayed in the same sense, but you can count it if you'd like lol.
Haha yeah i figured it wouldnt be right to count it. Iv spent 11,000 hours on it. However its a game that constantly stays new.