Merit is not here to win a popularity contest not a beauty contest. It is actually a soft approach to the spam problem. While a tougher approach would have been much easier to implement (i.e. eliminate signatures), the merit system gives people a decent chance here if they bare any interesting in the forum itself, without moving into the drastical terrain. It does not need to be eliminated at all (perhaps even enhanced it terms of lower rank requirements).

The last phrase of your post would read better missing a "t" ("i believe it will change in near future")...