I think it's been fairly plain to see it's going to be this way. Is it totally smart? Probably not. Will it hurt queues? Probably not....the 3 are "mostly" even.

They should make rank transfer and be done with it though, since apparently people inexplicablely missed the myriad clues that your GC matters in pvp. Personally I don't think it could have clearer unless they emailed you with "THIS MATTERS" in the subject line though.