This is a good list. I don't like point 4 or 5.
4 is just way too much grinding and 5 will most likely end up to be an annoyance.
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My thoughts are without the hunt, there's little reason to play pve. Get your weapon to drop once then simply reroll to hearts content. And current ascend process is too easy. Maybe solution is to add more elements (questing) to ascend a weapon. Unique quest run per piece of gear or something. Pvp patrol would have to be controlled and some sort of opt in to avoid grieving.