I know it is sybil protection, but I also know quite a few people that would be makers if it didn't exist. Now we have sybil protection but it's like PoS since the biggest bonds get most coinjoins. What good is sybil protection if we just end up with a small centralized group of makers doing most joins?

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i hear that. guess its kinda chicken or egg: removing fidelity bonds brings the liquidity ( dont think it will) or liquidity comes to joinmarket and fidelity bond requirement is not so stifling to mix participation.

Totally. That's why I'd like to see them both exist and find out where it goes.