It would be ideal for those lb to come back (pve/pvp) but as history has proven it, they can be easily exploited. That's the reason they got removed....
Any lb that has pvp as a factor in any way, can be exploited. I don't really understand your idea 100% about how guild master can select the oposite...
When hc was introduced to al ppl who died were losing even the satchel. That changed later cause ppl explained its unreasonable. Same thing shoukd be...