Ranked Positions Removed, High Elo Ladder Reset Incoming

Ranked Issues

Earlier today, Riot issued a new dev diary explaining that while they're pleased with how placements work, they're having some issues with how high players have gotten. Here's the TLDR; of the changes effective March 13!

• Your highest position rank becomes your new rank. We’ll preserve your rank, LP, and promotion series status and progress. If your highest rank is provisional, it will carry over with the same number of games remaining.
• You’ll keep your rewards. Your Ranked Armor and any split rewards will stick around and you won’t lose any progress.
• All Promotion Helper benefits carry over. We’ll remember the highest rank you’ve achieved across all positions and use that to determine Promotion Helper eligibility

High Division Changes

• Master, Grandmaster, and Challenger players will become Master 0 LP. Resetting the top of the ladder will accelerate the demotion of players who got to Master through exploiting early season bugs and help normalize LP gains.
• Diamond players will be demoted one division, floored at Diamond IV. These demotions will improve—but not completely fix—LP gains for players who got to higher ranks than they should have early in the season.
• You’ll keep your rewards, but they’ll match your new rank. You won’t lose any reward progress, but if you have the Split 1 emote or armor upgrade, they’ll match your post-reset rank.
• Grandmaster and Challenger will temporarily lock. Grandmaster will unlock one week after the reset and Challenger will unlock the week after that.

Presumably, hidden MMR will still be in effect, but your visual rank will change.

This is mostly to fix the players with 40% win rate in Grandmaster and Diamond players gaining 13 and losing 20.

What are your thoughts on the removal of positional ranks and the high division soft reset? Comment below!