Oh my God..Noooooo! Don't do it Statesman! The Hollows is the best zone in the game for low levels, its got great zone design and it is the most challenging. It is difficult but not impossible at all. I like it soo much better than Perez Park. I just ran a scrapper through there soloing many, not all, of my missions and it was a blast.
Now I wouldn't recommend going in there at 5, thats too low because the lowest mobs you'll find are of equal level to you, and most you run across will be much higher. I started there around level 8. However, in no way do the Trolls and Outcast need to be downgraded to Skulls and Hellions level. Thats the way they used to be, you could't tell them apart. Boooring and uninteresting.
Please do not give into the whiners. The Hollows is an alternative to the Perez Park route and yes its more challenging. However, you don't have to do it. The contacts you get there all stay in there and don't branch out. So you can skip the whole thing if its just too hard for you. Please, just get in a group and go to it.
Also who really cares if you die at such low levels, your debt is gone in like 2 fights. Oh no that 250 debt is going to take so long to work off.