I know that you, in theory, have a right to have whatever gear you want as long as you don't cheat to get it, but some of us actually NEED that gear for our pk builds. When I see some herald or random conjurer with ass-loads of gear, and absolutely no desire to risk losing it AT ALL, EVER, my buttcheeks get super tight and my head wants to explode.
It's a slap in the face to the players who are actually going to risk that gear and keep it in circulation. Inevitably there will always be like 2 or 3 hoarders around who have a crazy nice set, and do absolutely nothing with it but look pretty in the Inn, or sitting in their guilds running scripts so they don't hit the anti-hoard code.
It REALLY REALLY REALLY pisses me off, and I'm happy that you were hit with something negative for doing that. I hope it happens to more hoarders in the future.