I think the OP has a nice idea, but me personally I don't think its as good as the 100 point logarithm system now.
It's sort of like the fractional inch system vs the metric system. The fractional inch is based on "half". You take half of everything to get to the next increment. 1, 1/2, 1/4, 1/8, 1/16, 1/32, and 1/64. The metric system on the other hand is based on "ten". You divide everything by 10/100/or 1000 for the next increment. 1 km, 1m, 1cm, 1mm, 1 micron, etc. The metric system scales a lot better, and is easier to communicate. (I'm very well versed in both, more so in inches actually).
If we ended with FargoRate at weird numbers, rather than incrementing on every 100, it would not be as intuitive, IMO.
We'd end up like RAM numbers on computers. No one understands those except people into computers as much as we are into pool.