I have played FAs probably under 10 times. I don't care about the reduction in reward. They are easy mode snoozefests that require no teamplay.
You guys should consider yourself lucky. Most of the PvPers were mopping up and stealing the top spots almost all of the time. Now they'll go back to playing EliteSTFs and you'll have a chance of winning them against other PvEers instead.
EliteSTFs actually require some form of coordination and deserve the most reward.
They did the right thing.
Click here and here if you are interested in learning more about PvP.