The perk system is better than gear stats. However, the compensation was insufficient. I think all players should receive a minimum of 10,000 steel. And honestly, that's a bare minimum in the fairness factor.
As a member of the community, I wanted gear stats gone.
Gear beats skill, similar to how Feats easily beat skill. When I fight a Raider who gets 10 extra damage a hit, my skill as a player doesn't matter as much as it takes fewer mistakes for me to get killed.