The new Elite armor will no longer be just a cosmetic difference. It will also be higher ilvl.
So what they have done is removed the rating requirements but doubled the number of conquest points it's going to take to get a full elite set. It will probably take 54,000 CP. That's 30 weeks at 1800/week.
So unless the seasons are going to be 8 months or longer so everyone can get a full elite set, the gear disparity will remain.
Edited link so it takes you directly to the blue response that says the Elite armor will be higher ilvl