In my opinion, letting unit price and ranking on CMC drive your technical decisions is not the best strategy. That is an eternally moving goalpost. Aside from many people with significant stake built it by gaming or exploiting the system, it basically shuts the door behind those people in regard to participating in base chain governance organically. If it needs to eventually be done for survival sake, so be it, but...
Many arguments for blog reward removal are based on the premise that additional functionality is there (I.E. SMTs, etc.), that I think most of us can agree is needed. Either way we need this additional functionality. Hive Engine has been a decent stop gap, but we need a more robust base layer.
Let's get this built and in place. In theory, the demand for base token post rewards and base chain posting should diminish because people will be too busy posting from the shittoken.io interface for their shit tokens. At that point, perhaps this argument will become more self-evident and can be revisited.