ok! I learn something new every day 
Would be kinda sad to just outright scrap a section of the game that had updates outside of DLC’s that people asked for on this forum, no?
I get that people don’t like this particular map. My suggestion would be to make 3 pylons or something providing the shield that you have to dps down first, thereby making the shield drop for the rest of the encounter.
I feel that there was way more that could be done with SR but that mode “sounds” like it will be obsolete once ascendent mode hits, beyond getting specific gear and some character building points.
If that is what’s going to happen I would suggest turning SR into a rogue dungeon making it 4 floors with a random 4 boss encounter at the end but adding bosses like the magi which could drop those specific set items.
Or something. But to scrap all that work? 
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SR will always be necessary for the 3 skill points and 1 attribute point unless devs scrap that part of it.
Though I am somewhat sick of SR, and agree with your prediction, I think it might get a new lease of life if it was no longer The Thing To Do, and that farming for SR-specific items might be quite fun as something that occupied just some of your time.
Also, there might be such a thing as farming SR in Ascendant Mode, whether for gear or just for the challenge.