Council people! I'm assuming you'll continue deciding balance and price? I'd be willing to do it, but something tells me that's not what PW intended.
Nope. Please, nope. At least, not completely. I mean, that's half of the point of Tinker to give the initial price. Without the price, we might as well have experienced tinkerers run "tinker" through explaining stuff to other people (the way you helped Pancaek, for example).
So - no. This change absolutely does not equal giving the whole pricing power to the Council; that simply must not be. In fact, it might rather be the opposite, or something in the middle. So - I highly request that you assign prices (with Piecewise's approval, of course) and
maybe then they go to the Council for "balancing".
(Do not let them intimidate you. They are your peers right now, more or less. You were assigned by authority of Piecewise, not the Council.)Edit: I do not imply that the Council shouldn't balance things if Piecewise (or you, even) call for it. I imply that you should not default to handing all equipment over to them for pricing. Because, just a few posts back, we can see that Piecewise still gave out prices on the majority of equipment (if still sometimes called for the Council's assistance in more difficult cases).
To tinkerers: I'm probably gonna be more of a jerk about Tinker than PW. If you try and ask tiny little questions just to get quotes you can use to trap me later, then I'll rule 0 those quotes into shivs whivh I can stab you in the back with. And then I'll see if I can convince PW to actually deal that damage to your chars. Try to syv syv, and you will regret it.
Aside from that, have fun! A new age of Tinker has come! 
Hey, quick litmus test! (As you know me well, and we have tinkered together, so you know my approaches.) Should
I fear your rule of the Tinker?
(This is not a question about your integrity and fairness - I presume them inviolable, of course. This is a question of whether not-syvs should fear the reign of syv-Tinker.)