This is awful It may be beneficial for the market in terms of high level gear, but it's gonna be rough on everything pre-50 as multiple people have pointed out. It's just going to screw over new players who are unable to buy new gear without selling what they currently have to mitigate the cost.

...Though, maybe I'm incorrect in assuming that gaining exp will automatically increase your spiritbond with everything you have equipped. Will we be able to manually turn it on for the few pieces we actually want spiritbond with?