pvp salvage alternative
There are a few posts already about this sort of thing. I think it would be better over all to just have vendors of different tiers, like they have now, that actually sell gear instead of boxes of random stuff. I think being able to see the gear piece you want and the amount it costs and then saving up and buying it would be better than wasting the points as you said on random crap and then googling how to make the gear you want at the fountain.
The fountain does add a nice bit of experimentation that is fun and does a good job of keeping people doing pvp so they can get the gear they want, but if they just made other gear separate from the tiers that you could only get via the fountain, I think that would do the trick pretty well too.