Thanks everybody for their feedback!!

The last two posters mention once 2.4 hits, this process becomes "obsolete", but that's the thing, can't we apply this process into Coil 3/Savage Coil 3 and beyond?
2.4 hits, raiders work on Coil 3, during this period, almost any loot that dropped for them will be useful, quite a few teams will have most likely cleared before 2.5.
2.5 hits, let's assume Savage Coil 3 hits, by this period, raiders are probably already decked out in close to full i130 gear, and just waiting for their BIS drops, if this process is in place, this will motivate more raiders to attempt clearing Savage Coil 3.

@Grotesque, your suggestion is sound, but that means the lock out cannot be separated from normal coil.