It’s basically just another title but a less compelling one. This is also why the 750 commendations is too high. At the very least it needs gilding, but honestly it should have been much more involved and substantial. Everyone being a 6 is boring and meaningless. Grinding to have a 7-10 is not compelling. There needs to be something else displayed by people’s names besides a meaningless number.
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To be honest, I stopped caring about ranks and levels in this game a long time ago. Usually, I just do regular-difficulty raid farms, and there is no advantage to being above 1350 in those cases. Unless I'm going for the odd master/gm strike completion, I could not be bothered to chase arbitrary numbers. In fact, last night I did a mission for Vexcaliber at 1782 and the game literally bumped me up to 1790 temporarily to complete it. So you're telling me I'll just be gifted these free ranks and don't have to work for them? That's a pretty huge Achilles Heel