It sounds good if you are just ranting or raving about it, but what is the alternative that makes more sense? I always loved this line by our local Dave Mustaine, "If there is a new way, I'll be the first in line. It better work this time."
Here’s an idea. Give lower weight to early games and higher weight to later games. Something like:
First 20 games: Win is 2 points, OTL 1 point.
Second 20 games: win is 3 points, OTL 1.5 points.
Third 20: win is 4, OTL is 2
Fourth 22: win is 6, OTL is 3
Then no team is out of it in December (or November if you are the Coyotes). All teams have a chance going down the stretch. Less reason to firesale. Less reason to tank. Less time to tank.
Lottery can go away because every team would be scrapping till the end.