Firstly and most importantly, it completely changes the concept of Titan hunting as we have known it to be. Instead of a competition between guilds, where one's victory eliminates the chance of getting a drop for the other, we are talking about a system like 'waypoints', where all you are racing against is the clock knowing that the competition holds rewards for evryone as long as they get the necessary kills completed.
The titan system has been broken since almost day one. HCS has tried to ignore it, claim everything is working perfectly, and instill numerous bandaids to fix the current system. The problem still persists. The only solution is a complete change. this proposal would be one of several solutions that are much better than the current.
Titans have been out for almost a year now and they have a period of high activity, followed by one of low interest, when it reaches a point when cows step in and make adjustments. What has been done so far has been bandaids, i agree, that is why i have been championing for changes myself that would spice up the interest. Its obvious that more should have been done, considering that whenever people see a Titan topic and a Fracker giving his opinion, reactions are usually not pretty. but, since half the players after every Titan are Frackers, is it really that strange that the same would happen in a Titan-related topic? We dont have to alert everyone to come here, its just an activity most of us engage in (although i did inform the guildmates that dont chech the forum often, so that they can offer feedback).
So, i completely agree with you, a change is vital and there are many systems that will work better than the current one..But that doesnt mean that ANY change suggested is a positive one and that long-term it will keep Titans in the spotlight. Tackling the monopoly is one thing..but freely handing out Epics is completely towards the opposite direction.