Sounds good, doesnt work.
Farming honor points is actually very easy once you hit negative honor - just level up a few alts for contribution points, exchange them into honor and youre good to go.
The problem with this idea is that by not requiring reputation to enter, it gives a much bigger possibility for people to simply dual characters (logging more than one character for the same maze at the same time).
Imagine a CA with 20 dualed seal masters. The horror.