This is great for the economy, if I understand the translations correctly. The best gear in the game will be from raids/chests/instances anyways which is rare/ex from the start so should not be all that bad for people who are worried, most crafted items will be used for spirit binding purposes anyways, and double melds will not be worth as much as they were in 1.0 as double/triple melding in ARR will be more common. And the few hot crafted items that will be worth a decent amount of gil, well this new system will at least keep their value for more than a few days.