Actually, they got rid of tiered N/H/E loot a few updates ago and they have no intention of bringing it back.
Random loot hasnt been of significant value in a very long time.
And "I like it that way because thats the way its always been" doesn't hold up IMO.
The entire "play an easier difficulty" argument simply doesn't hold up, because people are used to the game how it was, and suddenly changing it this radically simply feels like a different--and not fun--game. Try to justify it anyway you want, but players ARE already leaving because of this, while others are staying temporarily in the hopes that it is corrected, and will probably leave in the next week or two if it isn't. Trying to appease the "elitists" at the cost of everyone else means at the cost of everyone else.