[Linny]

I like the idea. I'd support a point system rather than graded stakes earnings alone. I think that graded earnings should be converted to points and weighted. Routes get more points than sprints, G1's get more points than G2 or 3.
As it stands now, a dollar earned in the G3 Flash or Bashford Manor (very early 2yo stakes) counts as much as a dollar earned in the Wood Memorial or the Blue Grass. It doesn't happen often but it is possible than a win early 2yo type could keep a true contender out of the Derby.

That said, I have little sympathy for trainers who want to run 2x before the Derby, picking and choosing spots then get mad because their "second coming of Man O War" got left out. They are all aware of the rules as they stand.