It would be a great change, especially if you consider that the Updated PvP gear is absolutely in line with current BWL gear and the ZG gear.
Whats more important is that the PvP gear gets reverted to having a Lifetime requirement.
Most people and especially those which went for Rank 14 probably expected this to be the case when they started ranking, everything that the current situation achieves is that people wont PvP at all because the rewards arent worth it, and the People that are PvPing now or have finished ranking definitely wont rank again for only 1 or 2 items. All we get is that people wont rank at all or will delay their ranking until the update, since right now its not worth it, which means less PvP overall. Meanwhile the rankers that invested months receive a slap in the face.