Why not be the best of both? But in all seriousness I agree with your sentiment. I think we will end up significantly nerfing the faucet to only be a fun bonus for new users, entirely changing it to a once/twice a day daily reward or removing it entirely. I think any of these choices will result in a major backlash from the people who use the faucet, many of them think they are entitled to the rewards as they gained levels so they could use it and think that any nerf is robbery. The amount of support emails related to the faucet is staggering and has made it harder and harder to finish more important ones in a timely manner.

The key way to sort out this situation in my opinion is creating a system which rewards people with higher levels without being as expensive/gimmicky as the faucet. Ideally I want to make the faucet a minigame that can be played once or twice a day with scaling rewards based on level.