The current system in NTW creates similar effects with players hosting games ie with minimum 3 star or higher in the name.
Most of us knew who the really good players were in Shogun and not that many of them were in the top 10 of the ranking system.
Looking back at it 10 years on I don't think its needed.
I have to agree with you sp00n. What happens to the spirit of the game where the 'better' players used to help out the 'newer' players in order to build a better playing community.

Also, bring back the MP Lobby with the option to create private chat rooms that was so good in STW.