I already responded to a similar thread but I totally agree with you people! Picking your own equipment was a big part of what made Warband multiplayer fun and unique! I had hoped Bannerlord would try to put even more customization options into the MP experience. However, it has become clear now that they intended to streamline the multiplayer equipment system to be more new-player friendly and balanced. This isn't a bad thing at all but I feel they could have approached this differently in ways which wouldn't have hurt the multiplayer customization aspect.
I feel the TW team did a great job so far on a lot of things and the future of bannerlord looks very promising indeed. The engine seems very powerful and I do think this game will last us quite some time! Also it has become quite apparent that TW has in fact really listened a lot to the community, which is great! On the other hand, I do think (and correct me if I am wrong here) that they listened a bit too much to certain parts of the community, whilst not paying a lot of attention to others. This might just be my perspective but it seems to me like TW wants MP Bannerlord to be an esports game, and as a result has listened a lot to the native competitive community of the game.
Now, I am a warband pleb who doesn't care much for symmetrical maps, overly balanced factions, competitions and rankings, and I think a lot of others might feel the same. I really miss the MP customization we had in Warband and I would like to see it be expanded rather than streamlined in bannerlord. I think the proposal you posted
@Longshotz is one of many possible solutions. Another idea I have seen floating around is to have the lobby armoury function as an in-depth equipment selector - sounds logical doesn't it. They might already have planned to do this in the future but we don't know that yet. Cheers and here is my bump contribution!