They should implement ways you can transfer a raid chests contents to a subsection of the guild bank with a limited (30min) timer, so that you don't spend 10 minutes playing musical chairs getting a 5th alt in for their loot. Or just go FV model on all servers with loot and allow raid leaders to grab everything and parcel it out at the end fo the night. FV is by far the most popular live server and the loot system is the primary driver behind that. May as well push a well liked rule set across all servers.
Loot is fine as is, just need everyone to be in the guild hall and the banner to be set at the chest, it doesn't take that long. You want FV loot, play on FV.
If this is going to be this way in the futur...I would personally rather have T1 loots similar to RoS in form of diamonds. Make an alts list and just follow the list instead of dealing with half the guild alts every single event.
2, 3 and now 4 of the same item in a chest all expansion is part of the frustration some people have. Aside from wrists deserving a higher chance to drop, its just too streaky as it stands. Seeing four face, four boots within 10 minutes of each other is just not random enough. At least we don't have another Bonds Control Severing Blade streak and Heartsplitter is less common, at least for us, you know for hope and all. But then, coin....so yeah... What on opens a few weeks back you guys had 8 or 12 bracers drop in T1?