What, exactly, do you dislike about it? Does another vantage point somehow give a person an unfair advantage? Joe's posts could vary between Joe's POV and Bob's, and nothing would change for another player. Hell, there could be an exchange between Joe, Bob, Annie, Suzy, Mary, and Samuel L. Jackson and the situation is still largely unaffected. The fact that this has been done for years and you just realized it pretty much proves that point.
EDIT: I should clarify that what is being talked about largely applies to personal sagas/private RPs.
EDIT: I should clarify that what is being talked about largely applies to personal sagas/private RPs.