Let’s get real here for a second. I really don’t think it would be a huge stretch to say that an incredibly large percentage of WoW players don’t sit on an amount even close to the BMAH top bid possible.
So really.....who do you think sits on those kind of funds. Illegal farmers with bots and such are who. Yes there are players that have those kinds of funds but it's few and far between. The illegal farmers are the only people in game that can generate those kinds of funds on a consistent bases. So why even allow the possible bids to go so high? I guess it doesn't matter but I would hate to see them mess with that new system in any way.
Also can if I can make a suggestion here if it's not already part of the rules? Please don’t allow level 1s to bid. The gold/item sellers are always level 1.