I actually thought about this for a bit before posting.
First, my system requires very little work. Each person who gets an item has to spend only a minute or two making an update with the new pool status. That's even easier than getting ported up to sky and looting stuff. If there is a centralized system, who is going to manage it? Certainly not me.
Second, my system puts loot in the hands of the people that deserve it most. The guild that is contributing to the pool most gets the first shot at stuff, and they can decide who within their guild who gets the pixels. This is far, far, superior to being at the mercy of some first-come first-served list crowded with legions of unguilded players who signed up for free pixels (sorry Kylok. Make some friends!)
Third, my system gives guilds an incentive to contribute to the pool. Hey, even sending a bunch of tells is a certain amount of work - which is probably why no one has done this yet. If you know you are getting points things change.
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