I like it because it would add more ranks which will result in it being more difficult to get ranks. Well, if you guys raise how many armor points are required for each rank, that is. Also, I really like the names of the ranks and titles on that page which makes it more classy, I think.
About the Emperor/Empress idea, I rather like it. Since it'll match with the ranks on that page well and make the site look somewhat neater. I think only one person should be able to hold that title rather than having anything who reaches that amount of armor points holding it. Example: Firetail would be the Emperor right now, but if someone gained more armor points than him, then he would lose his Emperor rank.
Are the hats still going to be kept? If so, then I think there's going to have to be more room added to the profiles or a page on our profiles solely for the ranks. Like there's:
Profile
Achievements
Favorite Games & History.
Ranks and Titles(Or it could be just "Ranks".)
I don't know where the ranks would fit on the profiles how they look now. But if there is a page for all the ranks, then when you are a certain rank the title will be somewhere under your name or armatar, and you'll have the little hat/crown for that rank.
I've also been wondering if we'll be able to change our hats in AG3. If so, then I could guess that would be rather confusing since the hat wouldn't match their current rank on the site. Then again, I like the Iron Lord and Iron Prince hats, so I've always wanted to switch to them. However, it would be confusing to people if your hat doesn't match your rank. Well, if we aren't able to, then I guess I'll just leave it at that.