The difference between 300 and 4000 players is huge when it involves giving hormonal teenagers administrative powers. Classic pulls 100k unique players a week. I don't care about what you've done since you were 13 and I don't care who you were at 13. The point is that nearly every 13 year old kid does not have the emotional maturity to handle that kind of power.
Also, sorry I burst your ego, but being a washed up Graal Dev jerking yourself off over what you did 15 years ago isn't all that cute.