For me personally, it has nothing to do with masterpoints, or at least nothing to do with any desire on my part to amass masterpoints. I think most people long ago realized that masterpoints were a better measure of attendance than skill and it does not matter to me whether people earn their attendance points in person or online. I will not think that my masterpoints have been cheapened because it becomes easier for people to win masterpoints once the ACBL starts running larger online tournaments. The masterpoints I have now and win in the future will still be a good reflection of how much bridge I have played. Nothing more, nothing less.
If offering more masterpoints in more colors for online tournaments means that higher quality opponents are available more regularly in a greater variety of games, I'm all for it.
Your contention that online sectionals will be full of "intermediate at best" players does not really matter to me as far as awarding masterpoints goes. The field at a game in Augusta, Maine is not going to be as strong as the field in Boston, Massachusetts, but they pay ACBL masterpoints on the same scale. The ACBL also awards masterpoints differently for identical field depending upon whether the game is a at a sectional, regional, or club. Not all masterpoints are created equal. (Before you say "but, they're a different color" when was the last time an event was flighted or bracketed based upon gold points instead of total points?)
Pay less money and play at any hour of the day? GREAT! Playing bridge really shouldn't be a chore, if it is made more convenient by making more variety in starting times available, isn't that a good thing? Reduce travel (and thus make the overall time commitment less) that's great. Heck, maybe I can play MORE bridge in the limited time that I have available.
Cheating? I find it amusing that you suggest cheating would happen "if he was having a bad round". I imagine the cheater to be one who will cheat from the beginning, not to salvage something. I think it is less a factor relative to in-person bridge than most people imagine. But, I'm not real concerned about it. Perhaps a significant difference between online results and in-person results will act as a flag for online investigators.
The difference in rules is minor, in my opinion. There are different disclosure rules for in-person bridge depending upon whether or not screens are in use. It does not seem to me to matter whether I alert my own bids or my partners bids.
Losing table feel? That old Black Magic? Or, like when an opponent pays attention to the location of the card you remove from your hand? Sloppy dealing in Swiss matches (watch next time and I'm sure you will be able to see a few exposed card over half the time)?
No revoking possibly changes the game? Give me a break. Never misclicked in real life? You are lucky. Very lucky. I have pulled the wrong card, taken the wrong card out of the bidding box and seen opponents do both of these things. I've seen people drop cards on the floor and table. Never happens online. Sure the set of such problems is different online and in-person, but so what?
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At least some sectionals have A/X or KOs or open pairs or what have you to allow you to play against comparable opponents all the time.
Who says there won't be such events at an online sectional or regional? I sure hope there will be. (Of course, I'd rather it be determined by a new fangled dynamic rating system, but that's another story.)
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If they scaled the MP award down to like 5% the sectional award and charged more than a dollar per entry so that no one could amass gobs of the same silver points that others played in better events and paid more money to earn, I could be more tolerant of the idea.
Ah, so what it really comes down to for you is the value of the masterpoints you have "earned".
I don't care of they call them sectionals and regionals and award colored masterpoints as a way to promote the events and attract more players just as they do for in-person tournaments. I wouldn't care if they called them something totally different and awarded plasma points. I'd simply like to see the online tournament options (and quality) increase.