That's a fair opinion and I'd be supportive of trying it if everyone could agree on such a number. I'm just less optimistic it'll work out but status quo isn't all that great either so trying something people think could work would be better than doing nothing in my book, despite my doubt on it.

Keep in mind even if you have and ideal 100% success rate on claims, recovering 100% of the deposits, it's still going to be thousands and thousands of dollars which used to be liquid now relegated to holding up the revolving door claims processing fees. Anything less than 100% just starts to make it an actual money pit instead of a financial annoyance.