You, like most people, haven't thought this through. There are consequences to changing the loot mechanics, and none of those consequences is the alteration of basic human behavior.
Ofcourse I have thought this through. I use the forums like it should be used to create constructive discussions and to hopefully inspire Bioware to either comment regarding this or even change into reality ingame.
I have seen a few things change from discussions on this board into reality. The equal PvP discussion is a very good example. We had very heated discussions regarding this last summer and it actually made it through.
Regarding this matter though Bioware remains silent through all the threads and posts.
But fear not, this subject will be lifted by someone else soon, like history repeats itself