A lot of what you're saying mimics my feelings. Why am I going to buy packs when they are doing everything in their power to make them worthless when they rotate out of modern? And Matt freely admits that land in its current iteration is boring and doesn't have much value. He also said they are relying on a huge influx of players and money in order to hire the devs to build land. So the idea that land will save us is pretty pie in the sky right now.
One thing to note though is $20k in SPS is based on the current price. If we did get a bunch more players I can assume it would push the price up which would increase the USD value of wild rewards.
RE: SPS Governance Proposal - Alternate Solution to Address Bot Farms & Wild/Modern Format Discrepancies