I pretty much agree and acknowledge all of what you say - i think we're on the same page except you obviously have a deeper understanding than I. it makes sense though.

I'm guessing that we're not likely to see a reward system rewrite any time soon, given how drastic event that would be, the effort required, and the witness consensus, would make it almost impossible - so perhaps an incremental improvement as per our suggestion would be the way to go - even if not the perfect implementation...