I hate to bring this up, but following the logic stated in this thread, why not just go with BIP 101 rather than removing the cap entirely?  I haven't heard anyone say that it moves too slowly in the cap increase.

Assuming we agree that it doesn't move too slowly, then BIP 101 is simply a safer method of removing the cap.  It's a cap removal with training wheels.  If there are those projecting that 101 moves too slowly in the cap increase, I retract my statement.  I just haven't seen them as of yet.