Let's assume that the general public doesn't find/recognize PVP achievements as anything cool. What about in PVP? Especially on the Feast landing before the match, you can tell the "who's who" and judge their credibility and give more weight to their input (soon to be taken away :/) during a match.
S1/S2 glamours aren't ugly IMO (S1 is better, S2 is flat/bronze to me), but this is opinion. Prestigious? This isnt up for debate, you can't get the gear without being in the top 100, that's prestigious.
As far as Top 30 teams, that is, IMO, an entirely different discussion due to the ease of abuse. Do I think there are/were amazing teams in the Top 30? Absolutely. Do I think teams rankings is as legit as solo rankings, no, not necessarily due to the ease of abuse (and history of known abuse). But I'm glad that you and I (as well as the PVP community at large) agree that the teams-abusers diminish achievements in that ladder. Instead of further blurring this achievement, why not instead ask for more policing of the teams queue? You already essentially agreed that teams-abusers are bad.