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MarcIt may seem counter-intuitive but as a collector of "major" sets (T205, 206, 207) and a collector of some rare smaller sets (Scrapps, Lections, etc.) I DON'T want to see competition that leads to value increases. I would be overjoyed if everybody felt that their T207s were worthless and undesirable and would therefore be willing to sell them (to me) for pennies on the dollar. As such, I would never register a set, though I own a few that would probably rate fairly highly. The LAST thing I want to happen, for example, on the exceedingly rare occasion that a Lections pops up for sale is for the other 5 people on the planet that care about this set to start jockeying for position to outbid each other and have the "number one" set on the list. They may very well do this anyway but a tangible goal such as a registry ranking will only increase this frenzy. I am an EXTREMELY competitive person by nature, by the way, so that has nothing to do with it.
Of course, I totally see the other side of it as well. Those who are buying as an investment would want as much competition and advertisement as possible for any and all sets so a registry is an excellent tool to achieve both of these things. And somebody with an unknown and/or high grade unslabbed copy of a rare card AND who is intending to reap financial gain from it would certainly want the competition so there is something to be said for bringing more cards "into" the hobby. Myself, however, I prefer these gems to remain unknown...tucked away for me to uncover in some garage sale, grandpa's attic, or dark corner of a showcase of an unknowing dealer who swears that 2003 Upper Deck Exquisite basketball is the greatest set of cards ever produced.