@Peepiopi: REM as trophies? As in put in your mog house and look pretty trophies? Or wear around in town? Or something like a title? There is a reason why you don't see people getting REM a lot. It's not because it's a 'trophies' it's because it takes a long time to get. It's like leveling your favorite job back in the day when you only get 4k exp an hour. Would you level a job to lv99 soloing for 2k exp an hour for years so you can wear a piece of armor in town and never use it again? Do you really mind if all your job levels get reset to lv1, lose all your gil and items and you get a "trophy" in your mog house for being such a high level character? In fact, I think this is a great idea. Reset everyone level to lv1 and erase their items and gils. Everyone start out fresh and certainly no more REM or picky shouts. Let's see how many people will be playing FFXI.
You said it yourself "It's not worth the effort" - that means it takes A LOT of effort to make. So much that those who actually put the effort in deserve the reward. There is a reason why you work for every piece of your equipment. You don't want that piece of equipment becoming useless. Maybe a single piece of equipment doesn't make you feel really bad but imagine everything you have worked for all became something unless and only to be put in mog house.
People didn't shout REM cause of status. You haven't think through this point clearly. Since REM takes a lot of dedication to make, people with REM on their jobs will tend to be better equipped and skillful. This is not always true. I have seen a fair number of people with empy weapons and being pretty bad at what they do. However, I'm talking on average, a person who are better equipped tend to be better at doing their job than someone poorly equipped. If you have to pick a random unknown person who is critical for your party, would you pick a person who is well equipped or someone totally fresh? Sure you can try talking to them and you can get to know them but 1st glance like checking a resume then you will check their equipments.

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