Agreed, total rework. Should be like the collections journal in WoW, to be honest. Totally account bound, used on all characters.
WoW takes and improves upon ideas from FFXIV, to the point where it now has everything XIV has to offer and more. Meanwhile, FFXIV is lacking in so many areas including things being shared through your account. Glams, mounts, and pets should 100% be accessible to all alts.
FFXIV could improve upon WoW's by letting all jobs glam the gear + making it account bound, tbh. And no level locking if you got it at that level as a drop. (For example, say your Bard is a lower level than your Machinist who got the drop - you still would be able to use it on your bard even if your Machinist was of higher level and got that gear piece at that higher level.)

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