The idea that the whole group share all the items is great but i dont think in practice it would work, cos i know i wouldn't be giving up my shako.
But at low lvl & as a start out team it is practical & I would share all mf finds at low lvl to benefit the party & enable my char to get to a high enough lvl to get to hell, then id go my own way, still chase xp with the group in cow games or what ever is the new best place is, but id want to be independent & choose when i play with the group,
It might be an idea to have a zelaron team but also allow ppl to submit their acc’s so that they can pick other members to ask in to their group. possibly each group will then make their own rules.