Well it's fairly simple. The farther away a target is, the smaller the target is and therefore harder to hit. The longer you fire, the more kick your weapon gives you and that makes a difficult to hit target even more difficult to hit. This naturally dissolves the need for the system CCP wants to put in, because closer range weapons are already supposed to do massive amounts of damage with crazy kick.

Factor in that this is a fairly high HP game and it is fairly impractical to have too many long range engagements anyway, because you will have to re-orient yourself between every shot in order to combat the kick. You would also waste a ton of ammo. But the option is there if you are skilled enough, or you are attempting to pick off someone who is knocking at deaths door and trying to get away.

It also opens up more opportunities and weapon roles that would seemingly be impossible.

For example, a single HMG guy across the road may not be able to respectably kill the person on the other side due to the range penalties on CCP's system.

On the system I have recommended however, even if he can't do enough damage to kill him in a straight 1v1, he CAN keep him pinned down while allies flank his position and finish him off. If his damage is diminished to something silly like 1% however, he will not be effective at this role at all. The shots have to at least sting a little, even if only a few of them are landing.

When you uncork the silly caps we have on range, you increase the number of tactical possibilities on the battlefield. That is a good thing.