Yes .. you are right in certain points BUT:
Just because the mechanic is kind of rewarding for LE'd players you don't have to abuse it do you?
(MC5, Blocking Caves, Blocking OP Entrance, Spying players, level to WoC, take part in an event without having to actually take part, playing all the high level content without having to fear any consequences from the gameworld... AND SO ON)
I mean you could just as well get that thing out of your brain and play the game like it's meant to be played.