Quote from Perodequeso »And as many have speculated, removal of the list could be a sign of Mtg's death.
It could also provide a path for its resurgence.
Point being, cards on the reserve list are eventually going to become unplayable due to their cost OR counterfeits are going to get so good that they are basically not distinguishable from real cards by the majority of players and judges. This means Legacy is going to go away as a competitive format because people aren't going be able to play when a competitive deck costs $5K+ and/or their are so many good counterfeits that it is pointless to police them. As of now, for the rest of 2018, there are 4 grand prix events for Legacy (Japan,US East, UK, US West). There are 13 modern events. Starcity has 16 legacy and 36 modern events. I would expect these numbers to decrease for Legacy unless the reserve list is relaxed, which ultimately comes down to Force of Will (not on list) and the dual lands, so 11 cards need reprints.
We'll see what happens with modern, but in general, WotC has been doing a TERRIBLE job in supporting their constructed formats from a cost bases.
Should WotC ever pull its head out of its butt on the digital side of their business, the reserve list becomes all but a mute point as people would probably play mostly in those digital platforms, further pushing down paper play because of excessive cost.