All tournaments are a test of angling ability...The Opens are supposed to be a qualification route to the Elite Series. The old format was qualifying many anglers who either did not accept the invitation in the first place, or did accept and washed out after the 1st year (or before the end of the 1st year). This was apparently an issue for BASS so they changed the format slightly in hopes of increasing the chances for recruiting more accomplished anglers into the Elites. It makes sense to me and as someone that hopes to fish them in the future I actually like the new format. One thing I hope they do is keep some variety in the schedule...The Opens for the past several years have essentially been on the same locations at the same times.
'Regular' guys hoping to fish the classic still have the Federation route, which IMO has always been the more logical choice since the bulk of the events you fish on that path will be on your local waters. Even Co-anglers have qualified for the Classic from the Federation.
I know I'm in the minority on this - But I don't believe money to be as big of a limiting factor as most others seem to. Does independent wealth make it easier? Of course...But there are plenty of pros on tour that got there from modest beginnings, just look at recent example like Palaniuk or Swindle. If an angler truly has the skill AND desire to make it to the top, they will find a way to make it work. There is no age limit, you can have a 5 or 10 year plan to give you time to save your money. I think the reason so many point to money is the RISK in trying it....It's really not about having the money, it's about the consequences if you bet on yourself and don't make it. A wealthy person could 'afford' to lose it, so it's easier on them. I would bet that for every Elite angler that was independently wealthy before qualifying, you could find an angler from a modest background that make it through hard work and planning - I'd actually argue there are more Elite anglers in the second category than the first.
It seems most people don't like it becasue they can't try to 'jackpot' an Open anymore...Or at least can't do it as easily. I'm pretty sure that was one of the main reasons for the change.