I think there is a general misunderstanding of what has been discussed.
The current 3 point shot, would now be worth 4 points.
The current 2 point shot, would be worth 3 points.
Free Throws would also have to be rethought.
So instead of the current 3, being worth 50% more it would only be worth 33% more. This would significantly reduce the value of the current 3 point shot, and would bring back more of the mid range game.
It would destroy all the individual scoring records, and we would have to our mindset on what is a great game.. but in order to make the game better I would be willing to live with it.