On the ddo.com forums, there was quite angry disapproval about the Epic Reincarnation proposal when it was first revealed. I for one am not invested heavily in epic destinies, but I can understand that those who have played more epic content would not like the original proposal. But current discussions seem far more favorable.
But Sig and Anne over at DDOCast have a pretty good proposal here, which I encourage people to look at. I for one think the opportunity to provide input is good, and while I don't think one proposal will please everyone, brainstorming ideas and incorporating the best concepts should result in the most value and the least pain.