Sacrifice Legendaries

[Cut-Me-Own-Throat-Dibbler]

Apologies if this idea was already suggested, but I wonder if it would make sense to give players an option to sacrifice legendary items as part of some kind of divine high-stake gambling. As it is right now, some (or many) of the orange (and a few of the red) legendaries are pretty worthless due to their large amounts which are already in circulation, and this way we could both reduce their numbers and make them actually useful. As a suggested example how it could look like:

sacrifice <legendary> + <x amount of faction points>:

33% chance: The gods hate you and throw a pair of old boots at you.
33% chance: The gods look favorably upon you and grant you 500,000 gold coins.
33% chance: The gods love you and grant you a Blessed Sacrifice.
1% chance:   Due to divine intervention your <legendary> turned into a better/upgraded version of the same type.

Naturally chances and rewards could look completely different. Anyway, just an idea.

Cheers.