I think, it would be better. i.e. Full Member the highest rank, because this member has a connection to the jurisdiction of our world.
It is very difficult to assume that your opinions in this topic are unbiased. By the way, stop double-posting....
"unbiased"? Who is "unbiased" if the meaning of a rank has a connection to a trust level?
Why it is double-posting?
Where I used the word "jurisdiction" before?
Perhaps if you had concerned yourself with the forum's rules, you would be able to become a Sr. Member. 
Someone who has created twice as much valuable content (on average) than a Hero Member could be considered Legendary. They would also require active posting on the forum for at least 110 weeks and at least 775 posts.
The minimum requirement for a Legendary member would be an average of 1.29 merit/post. That's pretty legendary.
Now, if ol' thermos does plan on removing ranks, then account selling will also cease. If he could do signatures at the same time (since ranks are associated thereof) then that would be great.
If somebody won't want to be identified - remains simple Member. If a rank has no connection with the meanings of "Legendary", "Hero", "Senior", then it would be more better to exchange this ranks to Member or Full Member.
I would be fine with doing away with ranks but we do have some connection to 'meaningfulness' with the addition of the merit system.Someone who has created twice as much valuable content (on average) than a Hero Member could be considered Legendary. They would also require active posting on the forum for at least 110 weeks and at least 775 posts.
The minimum requirement for a Legendary member would be an average of 1.29 merit/post. That's pretty legendary.
Now, if ol' thermos does plan on removing ranks, then account selling will also cease. If he could do signatures at the same time (since ranks are associated thereof) then that would be great.
Maybe we should delete then "Full Member" also, and we should create a new rank (i.e. for me
...): "Well Known Member" and an another one for members known only through eyewitnesses: "Known Member"...Or similar phrases...
What is your opinion? It is better, or?
We would be able to decide in a thread & chart about the start and end-state - and then it would be possible to do the changes with many signatures. Or?