Losses in the Feast should have actual weight. There was a time when it was hard to reach Gold, Diamonds were VERY Few and the Ranks actually meant something. Right now you can have a negative Win/loss Ratio and still be Diamond.
While all the PvP titles lost any meaning because of the fact you can simply grind them, it Might restore _some_ form of prestige, making it hard again to reach plat/diamond. Maybe introduce completely new titles along with this change.