How do you feel about rolling for chests? 1 roll per chest, round robin.
A 1d6, 1d4, or 1d3 roll?
I hesitate to use the THACO method because it is purposefully set up to allow any ML item to be equipped since the averages to get a chest are so low. From my own experience, while it does an excellent job of reducing magic items it also limits choice. Been there, doing that.
I can live with Chain End Rewards only, and Valor [this means starting STORM as it's own guild; is the name taken?].
As for healing potions, I'm ok with doing away with them entirely, but keep in mind if the cleric doesn't show or bite's it in quest then... an emergency "healing kit" maybe? 1 Moderate at 1-5, 1 Serious at 6-10, etc.?
How about the idea of limiting all potions to just 5 stacks of 16. That is 5 - pint sized canteens of potion being carried around. PnP?
Limit them to being found in quest to lower the acquisition rate. This will really depend on the player being observant and honest.
Losing Shrines is also ok with me. I prefer to run on fumes anyway! ;P ALOT can be done with 12 spell points and SLA's.
I'm hoping that interest for a new STORM group hasn't died. Hopefully by Tues. or Wed. those interested can "ratify" the ruleset and set a date to gather and roll numbers.