You can't have lock outs based on loot and let people go back in again. This would make it so most every hardcore FC would level a 2nd character. They would just take 7 alts 1 main funnel all gear to the main, run coil 8 times a week for 8x as much loot.

The whole reason the lockouts are there are to slow gear progression. If there was no lockout people would cap out on gear in a couple of weeks, then probably quit cause they have nothing left to do.