Here you go::

http://forum.square-enix.com/ffxiv/t...ll=1#post82707

Quote Originally Posted by Gildrein View Post
Hello everyone! As Bayohne has mentioned in the earlier post, we talked with the development team and are here to relay the latest details on this topic.

Currently the development team is reviewing the accessory point system, including the possibility of abolishing the system. However by doing away with the accessory point system and removing the limit, different issues will arise. For example, by allowing players to have more accessories equipped, the value and effect of each accessory will decrease. Also by having more accessories in possession, players can run into storage problems. To prevent these issues from happening, the development team is thinking things through carefully, so it will be a little more time before we have a concrete solution.

We are looking forward to any additional feedback you may have so please don't hesitate to give us your thoughts!

So yeah they know it is an issue, and they are looking into either changing or getting rid of it if they can. I knew I had read it somewhere, just had to find it.