I agree that a two-class system of editors wouldn't be desirable. I think that the basic idea of an encyclopedia by the people for the people is great. But it seems that in the past few years there has been a considerable rise of exclusionism on WP (the English WP isn't the worst offender, I admit, but it's quite noticeable there, too). For me, one of the strong points of WP has always been the broad coverage of up-to-date and minor topics. This is what makes it a valuable resource for me; if I want the Encyclopedia Britannica I know where to find it.
But nowadays I notice that the notability guideline is wielded all to often in order to get rid of well-written and factually correct articles. This just destroys value; it adds nothing. Worse, it strongly discourages knowledgeable editors from contributing. Nothing is more frustrating than wasting a considerable amount of time on an article just to have it deleted a few days later.
WP needs to go back to its roots. For a start, I think that WP should just get rid of this silly notability guideline. IMHO it's better to err in favor of including a subject. There are other, more objective instruments to judge the quality of an article.