Hell yes - it's going to suck re-capping Tier II merits, but the new PLD spell is going to make it fun.
Chivalry timer down to 10:00? Yes please.
Guardian enmity loss down to 95%? Hell yes please, especially with capped Sentinel.
Problem is, to get those numbers, I'm going to have to give up my Fealty merit... that's a tough choice. Fealty is *really* nice for when you're fighting certain mobs. Furthermore, for some reason it creates a huge damage resistance against Mijin Gakure. I know it makes no sense, but you can test it in Dynamis, Limbus, and the Imperial Code assault mission. Every time I have Fealty up for Mijin, I take maybe 10% of the damage that everyone else takes.
Currently, I have no problem giving up one Guardian merit for a Fealty merit, but with the cumulative total of 5 Guardian merits combined with capped Sentinel... man, that's a hard call.
I could give up one Chivalry merit, but being able to use it every 10:00 instead of every 12:30 is huge, expecially if you're soloing. Capped Chivalry would essentially be a PLD Convert without the big Cure IV required afterwards.
Awesome update. Tough decision.