wat.
I mean, WAT?
I'm not even sure if I got you right, are you suggesting that it would be easier to wait three fucking months "For a more accessible, dynamic, customizable mod - for less hassle and time-waste" to respec your item instead of just trading your +3 for another +3?
Jeez...
The point here is to be able (while not making it too easy as to destroy the looming and market system) to get a rare item that isn't offered on the marketplace, or is offered in a manner you can't possibly meet even if doing side deals. I also phrased the '1lp per month' as a question, I don't know how this could be best accomplished, I just don't think the marketplace is very good as sole medium to find the gear you want, due to its inherent, limited nature.
And yes, it's maybe less of a hassle if you have many looms , because you can make all kinds of aforementioned side deals etc. But I know many players have lost a whole lot of time and gold on the marketplace for this very reason, which would rather be spent in-game, or on something else.
@dreadnok, care to elaborate? How does this confer any advantages on anyone? I don't see how this would hurt anyone or anything. People who don't feel a lp respec makes sense are likely to survive having to accept that people with less market interest or looms can try out different equipment with slightly less wasted ressources than previously.