I kinda do and kinda don't agree with getting rid of the weakened system.
Obviously its just one big cockblock from carrying on with the game as you usually would with no real reason.
On the other hand I understand death HAS to punished, otherwise you lose a sense of reason for the game. I know there are some FPS games out there, like Bioshock for example; don't get me wrong its a good game, but there is absolutely no way of getting game over, you feel kinda like you're playing it solely for story and not really to well survive in the world.
As others mentioned, it's a good chance to review the situation for example in a party, and restrategize, on the other hand it's just a plain waste of time, in things like BCs for example.
It's a tough situation to solve whilst maintaining balance, but I'm sure SE have plans.