How do you know? Are you a programmer or a Dev? Alot of things can be done these days with programming. The policy is fair in your opinion. To be honest I dislike it enough to consider leaving and I have heard some other people say the same thing already. I shouldn't have to be punished and have names stolen just because I am too busy to play a "login all my characters" game. That is just unfair.
Your going to be in a sad state then as I have seen similar policies going up in other servers as well.