The fact that directors might go without pay is meaningful. It shows, on the part of the directors, confidence that the company has a good future.
Any time you separate economic interest from voting interests, it leads to all kinds of problems. It lessens the accountability. I haven't heard of any good reason for dual-class stock. I think the proposal will strike a chord with a lot of people.
It's a good thing. I view shareholder activism that's designed to increase shareholder value long term as positive.