I thought the idea behind caph stones was a step process to PEN, however it turned more into putting insane amout of caphs into your pen to make it good or to then burn  those to make a new type of armor that you then have the same awful (or worse) odds of enchanting.  This in affect makes caph step progress dead again.

I almost never have paid for cron stones, I save them up from give-aways and all the other ways they drop in game (Thanks Cron-moth) This means my PEN or similar attempts are so far between.  I'll never catch up this passively, but it's the way I do it because I don't choose to pay $ or be stressed about it.

This new idea I think will not play out as it seems as other systems have and is not unlike giving away free dream horses - a slap in the face to all those that spent countless hours, silver, and $ to achieve it.

Enchanting in this game has always been a Fed up system and they always try and change it but ends up being same more or less frustration.

Did you know there are spots that do not consume that much Agris?

I thought the idea behind caph stones was a step process to PEN, however it turned more into putting insane amout of caphs into your pen to make it good or to then burn  those to make a new type of armor that you then have the same awful (or worse) odds of enchanting.  This in affect makes caph step progress dead again.

I almost never have paid for cron stones, I save them up from give-aways and all the other ways they drop in game (Thanks Cron-moth) This means my PEN or similar attempts are so far between.  I'll never catch up this passively, but it's the way I do it because I don't choose to pay $ or be stressed about it.

Enchanting in this game has always been a Fed up system and they always try and change it but ends up being same more or less frustration.

I disagree with this post OP, The Ancient Anvil System is a step in the right direction fs (imo needs a little more tweaking) but as @Azaeal said, it's only there to serve as a cavaet for those players who are super unlucky; as on average most will obtain their item of choice before reaching those numbers, therefore it is not pay2win nor an extreme fail. 

How can this system help them when guaranteed items from this system cost 4 times more than they cost in the market.

Why do you think I bought 3 bs tet, 3 godr tet and 6 tet accessories? Because it cost me less than trying to enchant myself.
Why do you think there are so few pen items on the market? Because trying to obtain them for resale is unprofitable, and PA additionally increased the maximum prices of pens items by 200 and 300%, making the grind that much longer, but it got so long that it stopped making sense.

You may not realize it but some of use have 90 fails on pen BS. 

(using appropriate FS the average is mid 20s to succeed). 

I failed my pen BS mainhand over 80 times before i gave up and just bought one. With this system I'd have had it much earlier with much less cost. I know people with over 100 fails on them. Some people will just get unlucky forever, and this system stops it. That is the entire purpose, to stop infinite failing, not to fix the costs of them.

Do you all have problems with elementary math? 10 enchanment fail bs pen is equal to its price in the market.

As I wrote above, this is the main reason why I didn't enchant almost anything myself, but I bought everything.

Again. Endageme stuff was never meant to be easy. 

Eg.

BS pen enchant:

3670 crones x 3m per cron x 40 fails = 440b.

BS pen market price: 130b.

This is the basic problem with enchantment using crons: it no longer pays off after several unsuccessful attempts because its cost exceeds the cost of the resulting item.

On the other hand, enchant without use of crons is a complete misunderstanding since the chance of success is 3-7%. This means that we have an almost 100% chance of failing, and each failure means the item drops by 1 lvl. So we have to return from tri to tet, but here we can drop to duo, and to effectively try to return from tri to tet, we need at least FS 100, and it does not cost several million. And even if we go back to tet, enchant fail again and we have tri again, but we don't have FS 100 anymore because we used it last time.

And now we come to the third option, i.e. p2w and crones from melting outfits or crons bought in IS from various enchantment packs. We cannot convert such crons into silver value (although they are half the price considering the value of outfits in the market), so the real cost of obtaining a pen item is different. However, before the introduction of the Ancient Anvil system, we could spend thousands of dollars and lose everything (you probably saw this video that was quickly removed from the forum), but when Ancient Anvil appears in the game, it will give players who buy outfits for crons a guarantee that they will get pens. Yes, they will theoretically be much more expensive at the price of crons, but a player using IS does not have to grind to get these billions to buy crons from a blacksmith.  In other words, after introducing the Ancient Anvil system into the game, a player using IS will be able to simply buy the best items in the game for real money with zero playing time.

The Ancient Anvil system would only make sense if we received free enchantment hammers every few days. Why every few days? Because even 1 hammer a week is a ridiculous amount. There are 52-53 weeks in a year. The BS pen guarantee is 40 enchants, i.e. 40 hammers. We have 3 BS weapons, 4 Fallen God Set armors (and with armor there is a problem even with duo enchant), not to mention 6 accessories and all life skills items!!!
By getting 1 hammer per week, in theory it could take .... 5-10 years to get all the guaranteed pens. So the same as now.

The conclusion is simple: this entire Ancient Anvil system was created for one purpose only: to increase the sales of outfits because only such crons make sense in this system.