Removing this event is not a good suggestion but updating it will be more ideal to suggest .. First of all, getting Lv2 Magatamas is not a bad idea, maybe they can add Lv3 Magatamas or some Lv4 by chance .. Removing those Basic Refines and Basic Cloth is good but this event is not only for the older players but also for the new players in new servers, the target of this event is not concentrated for old players but for the whole community of the game, maybe some tweaks can be done with this event rather than removing it from the cycle ..