Not necessarily a bad solution per se, but it isn't frictionless at all.

HIVE POWER should be the gov feature on the Hive blockchain. No need to separate between a 'gov' and 'regular'.

I'm a fan of @edicted sliding power-down period proposal. 13 points = 13 weeks as starting point.

After that let people vote to reduce/increase (every month, for example) this sliding bar by 1 point each time. Over time holders would find their equilibrium being the minimum 1-week power-down.