My comment was meant to illustrate to the poster I was replying to that even the original (bad) purpose is no longer being served by the current system.
There is no longer any purpose being served by renown, beyond holding small guilds back. Which Turbine said wasn't their intention. But they're doing anyway, for more than half a year - without any word. I understand that they can't comment on every issue anyone could possibly have right away. But it's been nearly seven months since the original change. Surely during those months, some kind of comment beyond "We may or may not make any change, but we're not there yet". Which is no comment at all.