Its a good idea in the intent of it. MMOs are missing repercussions/rewards for actions by players to give them incentive to be better(not just skill but attitude). But I don't think this mvp system will have enough reward or be used correctly often enough to have any real impact. The vote kick system if not too limited will have more of an impact(still not enough)

Sitting in jueno for 6 hours because you either were a bad player or had a bad attitude now that was incentive to be better. Sitting for months in town crafting because no decent LS will take you, that's incentive. Getting that item that .01 percent of the server have, that's incentive.