Yes. This would hurt all the people who spent mils and bils to get their socketed EF or Calamity.
But what isnt going to hurt the greedy players?
This would add so much value to weapons and shine a new light on a lot of items. Heck lets us socket shoulders? Bind on account or not. Lets the player decide more what kinds of stats he wants and where. More vit in your gloves? Socket amethyst. Then you can bring new gems to the table for different stat increases! All res. Or particular res? Arcane only and bigger numbers to play with. 200 arcane resist might make some one think about using that type of gem instead of their main stat gem.
So now you can socket everything. You can actually build a bit of a char. Not a toon! Maybe even double triple sockets? Get those gems a flowing! Maybe each player can socket an item once and if traded or sold it can be socketed by new owner. Leave your personal stamp on weapon. Each item can be socketed a maximum 3 times? Limit the number and each gem per socketed weapon as to prevent over stacking? 2 of each main like emeralds.
What does this really do? Once all the rich cry babies quiet down and get over it.. this will give value BACK to the rolls on weapons. All the natural rolls will be of higher value and rare will become rare again. Legendary will be legendary again! Legendary weapons that need a socket or 2 to compete with others! Heck they need a good ruby jus to bump the dps up! Let the player do it. Put these kind of options in our hands. We'll save your items for you! We love them! Thats why we play this game! For the items!
Then you (blizzard) can introduce more gems/runes/charms whatever, and there will be so much more to build with and we'll have the slots in items to do it! Movement speed rune word in my boots 24%? Yes. This will open up gear slots all over the place! Crit hit chance rune word in your bracers? Yes. No this will not devalue crit lacunis, on the opposite. Maybe you want all res rune word on them? Or sure, more crit chance on your crit lacuni! Glass cannon or tank, whatever the player wants to build!
Please. Blizzard, save your items! We do love them! Let us help!