They just lost a sale on the expansion if every legendary is binded to my account when I pick it up, plain and simple.
There is zero reason to play this game with your friends, with strangers, with anyone. It is the ultimate single player game with this change. They got rid of the auction house, amazing decision that is beneficial to the game. Then they get rid of any legendary trading what so ever? Give me a break.
Goodbye Diablo 3. I was so so looking forward to playing again after blizzcon got me fired up, but with this news I will never play again unless it's changed.
Long term goals and accomplishments are important, they're what keep me logging on to play. The trade game trivializes the whole concept of a loot hunt. Basically the point of the game at max level becomes getting the best gear possible, when the best items can freely be swapped among players the whole challenge and point of the game is thrown out.
Have you every played Diablo 1 or 2? When there is no auction house it isn't a "free swap" of high gear for high gear. It's an artform. Finding the perfect partner. Bartering the perfect trade. Acquiring what you need for your char and giving up something substantial in return. It's a complete rush in and of itself.
Now, I'll just go to the mystic and have a stash full of legendaries I can't do jack with and will be too valuable for me to want to disenchant them. COOL.