This only works if you are a DKP linkshell though. Otherwise the guys who come melee will always get the gear first since that 'helps the shell'. Meanwhile, the guy that has War but it always on bard is always picking up the scraps and the gulf between the haves and the have nots is widened even if both are contributing equally.
Well, I shouldn't say 'it only works'. I should say 'its only fair'. It's a different debate entirely, but the War/Brd who comes to 225 consecutive events Bard should have the same lotting rights to War gear that a War/Brd who has come to 225 events War.
Anyways, March III would be nice at 90+ even if it was only 1% over March II. Bard already has such small ways to differentiate themselves. It would be a crime if a 90 Bard giving march/march was only marginally better than a 75. No other job could perform near optimally 15 levels below the cap, but depending on how it shakes out its very possible this could be the case for bard.
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