I sort of agree. Although live-limited pre-sale may not garner as many attendees as live-limited; in the setting of a live-limited pre-sale, a lot of people would probably wait for the "public," nation-wide release.
With the Bandcamp idea I came up with, the physical copy would still be live limited. There would be a live-limited edition, and a digital download only edition. A digital release wouldn't make the physical package any more accessible.
I understand the gimmick of live limited releases, that to be able to obtain a studio recording of that song, you HAVE to get it on THIS CD, AT THIS show, and in most cases, ONLY ON THIS date. As much as I want a band that I like to succeed, I sometimes wish they didn't feel the need to do live limited releases. I thought the digital distribution idea would have been a "happy medium." Collectors, rabid stans, and/or people who simply dislike digital download will still wanna get a physical copy. People that cannot attend the shows (or discover the band's music at a later time) will still have some sort of opportunity to hear the music and throw money at it (that goes to the band instead of some auction seller).
I understand that a lot of people like live-limited releases, but I don't. I feel bitter when one is announced, especially when fans gush over how it's such wonderful news. But I am heavily biased, as a foreign fan that tends to discover bands years after they form and gain popularity, and I don't have any contacts that are in Japan and in the "VK fandom." Seeing a live-limited CD get as expensive as ¥15,000-30,000. makes me very unhappy.