I like it! It needs a snappy name though.
I like that it incentivises doing longer rides (300+). I know when I did RRTY I felt obliged to only attempt 200s as anything longer was a risk with no reward.
As a former RRTY administrator, I don't like this one bit! I got into RRTY in the first place because although I was beginning to become comfortable with 200s, any further Randonneur awards would involve me having to step up to 300s, which I wasn't prepared to do. As it happens, the discipline of riding a 200 in consecutive months got me to the point where I was then able to contemplate riding a 300 - and many years later I'm now one ride away from becoming an Ultra Randonneur.
I don't want to belittle the achievements of those who only have the time commitments, or fitness levels, or willpower, or whatever, to only ride 100km events but anything less than a 200 doesn't really do it for me. Long distance may be in the eyes of the beholder, but 200km is generally seen as the bench mark (but other views are available).
The RRTY award has a simplicity, although anyone attempting this feat will soon learn that work and family commitments, weather, health and other factors all have a part to pay to make it an achievement
I always avoided, as RRTY administrator, committing to running a BP round the Year. The amount of work involved in verifying such an award would have been way beyond what I was capable of taking on. The existing RRTY and AAARTY awards already take up two volunteers' efforts. But there is no reason why riders can't set there own personal challenges and award themselves whatever it is they want. If we had an Eddington administrator, I'm 5 rides away from claiming my E134 award (134 rides of 134 miles or more).