An excellent idea from an excellent blogger.
I know that probably it is suggested before but well he brings it out there in a much nicer and more pleasant way in my opinion.
He just posted posted part 2: a more detailed piece on his vision on it
I really would help all of us to spend more time playing when we go online instead of losing a lot of time with managing your inventory and such.
also it would bring ddo to a level that no other mmorpg has at this moment that I know.