To be honest, I'd really, really like a different approach to balance that was more focused on making all or most matchups at all levels somewhat fair and competitive.

I'm not a fan of rock/paper/scissors, especially in a game like CF where you have significant character investment.

Once all matchups are fair and competitive then it makes sense to further dilute randomness.

What you'd be left with is a very very fun and competitive game.

But that being said its not something that has ever been pursued to any significant degree because people like the idea that they can steamroll some people easily.