I think you're right on the dilution Maplestone, and I'd also question how good a base defence can be maintained if players are spread over multiple facets

If your base is in Fel, you can't defend it in Luna lol.
Honestly, I'm not sure why a player who wants to PvP wouldn't be happy to just go into Fel and participate with the rest of us. I don't have an issue with a 20 min stat loss, worked under it when I factioned and it wasn't a problem for me. Try not to die so often?
I think you guys should just try factioning in Fel instead. O/C should be brought back as a "PvP anywhere system" alongside factions IMHO, not used to justify taking factions over multiple facets. They were different systems, and I would love to try proper O/C because I only did factioning when I was younger and wish I'd done O/C too.
Wenchy