100% this.I've been in too many mythic progression guilds that abuse ML or give to their friends > what is BiS for players.
Personal loot is fine - It saves a lot of time.The trading rules are not fine. If a character has a 385 and wins a less-useful 400 (because wrong stats or Azerite/trinket abilities), they should be able to trade it.
Personal loot may affect 1% of wow players that do mythic raiding.But benefits regular players, which are the majority.
IMHO the option for master loot should still be around. Just have personal be the default and make master loot something that can only be turned on with everyone outside the raid like reset instance to prevent shenanigans in pugs. Have an obvious indicator that master loot is on so pugs can know the moment they get in that something is off and boom. No more issues for either side and everyone wins. This coming from someone who's guild has been using personal loot from the moment it was added. More options are better than less options.
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What is going to happen is Blizz is going to completely end all trading of gear, whatsoever, because of this stuff. They have slowly been blocking it, here and there, but since more and more people are doing work arounds, and since Blizz doesn't want people to trade, they are going to just outright make everything soulbound at one point.
Just goes to show the insane lengths they'll go to keep manipulating the loot system as best they can for the sake of world 1st.
it really doesn't matter what groups do that try to be the very best. they have 24h a day to fill and they will do that with whatever gives an edge. they get implicitly even paid to do that via their income in for example streaming. issues they face and lengths they go to aren't important to anyone else. if trading and scrapping and all that weren't there they would have just done 8 hours more islands.they were preparing a lot more in previous races than other groups and did so as well this time. nothing changed.