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I never understood why people like toning so much. Then again, that's the beauty of this hobby. We all like and collect different things, and there is no right or wrong way to do it. Still, the appeal escapes me. I personally find it distracting.
You and I fully agree on all four of your points. However, as you know, we're in the minority. But I believe that minority is a lot larger than many people think. I know this, because when I bid in an auction on a fully lustrous blast white early 20th Century coin with a CAC that looks like it came off the press yesterday (just as the designer envisioned their coin would look), the bidding is often ferocious!
Steve