And really, you just sound like every crank ever who thought X technology was totally unfeasible and always would be -- until it wasn't. So currently attempts haven't found a solution to the reaction vessel destruction problem. That does not mean someone in the future couldn't figure that one out.
What this does is ensure that even operating right at the limits of neutron damage to the wall materials, the volumetric power density of a DT fusion reactor will suck. And that will destroy the economics.
This is a regular tokamak design, with a high chance of success since we understand tokamaks very well at this point. Various startups have more speculative designs that deal with the issue in other ways.
The power density of an ARC reactor will be around 0.5 MW/m^3. In comparison, the power density of a PWR reactor vessel is 20 MW/m^3.
Replacing the entire inner vessel once a year would be an operational nightmare. For one thing, it ensures the building the reactor is in will have to be very large, with very large secondary bays where the intensely radioactive material of a spent reactor vessel can be moved and disassembled (generating radioactive fragments and dust).
http://periodictable.com/Properties/A/CrustAbundance.al.html
https://minerals.usgs.gov/minerals/pubs/commodity/beryllium/... https://minerals.usgs.gov/minerals/pubs/commodity/boron/mcs-...
http://www.askmar.com/Robert%20Bussard/The%20Trouble%20With%...
The fact is, fusion generates neutron radiation that destroys the reaction vessel, making it an unviable technology. Nobody takes it seriously as a source of energy, aside from uninformed people. As cool as the idea of controlled fusion is, it is and will remain science fiction.