Thats the point. They want players to only enter with the best gear. They made it so if someone tries to enter with sub-par gear, they're screwed. However level shouldn't be the only factor. Skill should be the primary factor. It isn't broken, you just expected to enter with your best gear and anihlate with ease. Thats not how it works. The original Iron Banner was broken, as gear didn't matter at all. Now it does, but, people don't take into acount your gear isn't an "I win" button.