My opinion is that there are two different concept behing HNMs through the people:
- EX Final Fantasy XI players: Long Repop Time
- New Final Fantasy XIV players: Epic Fights
These two points of view don't exclude each other and can cohabit too. We can call
High Notorious Monsters the FFXI school of thought, and
F.A.T.E. the new one.
Even if it appears F.A.T.E. could be not so much hardcore, it's a perfect system to improve which can get big attention by players. In A Realm Reborn both systems could be improved, but the secret is not to make one more worthwhile than the other.