People are misinterpreting the squish insofar as the belief that they are losing something in the process. I'm still astounded as to the illogical reactions people are making. It literally doesn't matter whether the max level is 120, or 60, or 40. Just like it doesn't matter whether everyone is doing 10 million dps, or 100 dps. It just reduces the number noise.
What you're saying in the OP makes no sense though, or maybe I'm too stupid to understand it.
No it's not. This is pure fantasy BS. If I'm wrong, please provide any source on this.