Honestly as long as ranked remains unattractive to play for the broad majority of players, it's quite frankly wasted dev time for such a small amount of ppl even if you like to feel like a special snowflake you'll have to check the bigger picture.

Would you rather have more people to join up the fun and maybe discover a fun pvp mode or do you want to stick with the same 9 other people in a 10 minute queue for piece of pixels?

At least if I were the one who created those rewards, I would have liked for the majority to enjoy the stuff I created and not fade into obscurity for being too obnoxious to obtain (we're talking about a 50/50 coinflip mode here)