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runscott..agreed. I like your use of the word "fols" in the above post - leaving your option open for "fools" or "folks"! 
The HOF could be re-structured into three areas:
(1)elite players - currently viewed by some as '1st ballot' players, although a few greats would get left out if that were the requirement for inclusion.
(2)2nd and 3rd tier players like Niekro, Rizzuto, Reese - they get a hard plastic or resin plaque.
(3) 'tainted' players like Rose, Jackson, Cobb, maybe Bonds and Sosa...even Hal Chase.
The above was tongue-in-cheek - another idea would be a greatly down-sized HOF that included ONLY elite players, based only on playing field performance (what a weird idea) Joe Jackson and Pete Rose would make it, but the 2nd/3rd tier guys would be out.
But more seriously - makes you wonder what the HOF originators intended. Do you think they would have let Niekro and Sutton in? Or perhaps they would have gotten a good belly laugh from the idea.