Been running Ridorana Lighthouse the whole week and...

[Awha]

It's funny you talk about the group when the new system benefits individuals a lot more. What benefits the group? Any job rolling Need on an upgrade in the first chest of the run, equipping it, and thus performing better for the rest of the run. Even if they got the item from the last chest, it means they have their upgrade for the next instance they'll run and can perform better still.
What does not, in fact, benefit the group? Someone who can't equip the gear winning it instead of someone who actually needs it, forcing them to run with sub-optimal gear the rest of the raid.

The assumption is that because you can greed, you'd be running on your main class, but as been covered at length before that is both wrong and irrelevant.
1. People will not run on their mains if they don't want to, and no greed rule is going to change that. So we're still going to see under-geared people in there.
2.. A lot of people don't have their mains geared up that much and rely on these raids to actually improve their gear. Therefore the dev team's assumption is completely detached from reality.

If they want people to go in with better gear the solution isn't Greed-Only, it's to raise the minimum ilvl, alternatively tune the content easier (please don't).

I feel it benefits the group in the sense that everyone within the group that helped clear the encounter has equal opportunity at what has dropped. On a individual level I have admitted it has the potential the screw over more players. Sure an item may not go to a player that could use it in that moment, but if the encounter can be cleared as is, should the rest of the group not be allowed equal opportunity at the item simply because it is an upgrade for another player? I just have a hard time figuring out how we as players can determine objectively that ones reasons for wanting something trumps another. I mean I guess you could say if that person's gear was at the point that it was hindrance to the group and the drop in question would alleviate that then yes I can see how that would be an overall net gain for the group. To that I would ask why is that person doing the content with such bad gear if one upgrade makes up such large difference for the rest of the run.

Wish I could articulate my point better, since I figured for a lot of people my position is absurd.