There will obviously be spoilers for the latest episode, skip this topic if you want to avoid them.
At the end of Be My Guest when the cutscene starts Joko says "The rumors of my immortality are drastically...understated. Oh, Commander, you look so disappointed. So impotent. I feel for you, I really do. But let's be honest: you knew, in your heart. Fear not, the world will not forget you. The scars you've gouged into it spell out your name for all to see. I confess, I was happy to take credit for your "victories." But did you ever stop to wonder what that says about you? That so many bought what I was selling? They call me a monster and you a hero. The world expects Palawa Joko to dare to throw reality into chaos. But surely no mortal would be so monumentally STUPID as to destroy a dragon, the life force of this world. Let alone two. And a god to boot? Perhaps they will finally thank me for luring you to me...So that I. May save the world. From you. Once you're gone, everyone will flock to my embrace. They will all love ME— Palawa Ignacious Joko!" And later Braham agrees that the player character and Dragon's Watch do tend to cause chaos.
My first impression is that's something the PC and the player is supposed to feel bad about, but that definitely wasn't my reaction.
Firstly Joko's being a bit dishonest there - the people he's feeding his propaganda to don't call him a monster or expect him to "throw reality into chaos" - that's the people outside Elona who still see him as a vicious dictator who conquered 3 nations by force. The people within Elona, even the rebels, think the exact opposite: that he united Elona and brought order and safety. And they think that precisely because of his propaganda.
Secondly it's not like anyone was crying out for us to spare the dragons. Killing them isn't a decision the PC made on their own, and they weren't even the first to suggest it. All the nations of Tyria (the continent, not the whole world) were represented in the Pact and allied with it, they all supported the goal of killing the dragons, because they all thought it was the only option. And the Elonian's who believed Joko when he took credit for it thought the same - that by doing it he was keeping them safe. It's only after they died we found out it was a bad idea.
But also I don't see chaos as necessarily a bad thing (maybe because my introduction to RPGs was old-school DnD games, starting with Eye of the Beholder, and I've always picked Chaotic Good for my main character) and in the entire time I've been playing this game it's never once occurred to me that bringing order to Tyria, or even averting chaos, was what we were trying to achieve. Most of the time we don't even get enough breathing room to take a step back from "Someone has to stop this now or the world will be destroyed", we certainly don't get to start thinking about what the world should be like instead and I don't think it's the PCs place to decide that.
But on the other hand I'm not sure if this is just me trying to rationalise it - a more complicated form of "No, I'm not the villain - you're the villain Joko!" so I'd be interested to know what other people thought about that part of the ending. Or if I'm just massively over-thinking it by even starting this topic.
"You can run like a river, Till you end up in the sea,
And you run till night is black, And keep on going in your dreams,
And you know all the long while, It's the journey that you seek,
It's the miles of moving forward, With the wind beneath your wings."