I may sometime in my lifetime reach enough rating to claim a CM title (2200 elo). However I'm not sure I would want to pay the fee for it to only be ridiculed by other players here in sweden.
I think you are right. Reducing the rating requirements and charging a fee makes FIDE look like an organisation of seedy and unprincipled money-grubbers and makes anyone taking up the new titles look vain, and possibly they deserve any ridicule that they get.
However it is worth 2300+ players paying FIDE for the FIDE Master (FM) title as, at many tournaments, it entitles holders to large reductions in entry fees, and often enough relieves holders from having to pay any fee at all.
I like it that chess titles are still very difficult to attain, and that no-one, setting out on the quest to master our game, can be sure of reaching whatever level they are aiming for, whether it be 2000, 2200, 2300, IM or GM. ANd I mean that no matter how high their IQ, how formidable their memory, how keen their competitive spirit, how much time they dedicate, how much they love the game, or how much "talent" they have (whatever that might be.
I also like it that there is no way of testing somone in advance to see if they have the pre-requisites to succeed at chess. The only way to find out how good you could be is to try, to make a serious and sustained effort.
anyone can become GM , all that the person needs is
PASSION , DISCIPLINE , BASIC FUNDAMENTALS .
i did my MSc in mathematics when i was of age 30 . and i got the gold medal for it . i beat all the other young guys . so AGE does not count as a factor in becoming a GM or anything else you want to become .