Agreed. Essentially you are resetting it all over again, even if it starts out with a higher base cap. You still got to invest in the Time + Glimmer + Mats + And the final Shard to max it.
I still think adding an extra node or two would of been a hell of a lot easier for everyone. At the very least give some sort of incentive for weapons and armor that have been maxed out, a kind of xp bonus to make it that much faster.