"Ticket transfer at any time" (i.e. after the May 9th cancellation deadline) would be impossible to implement in a way where everyone got what they expected, with the system as it stands - i.e. destroy originals & reprint with new photos.
Basically you need a system that matches buyers and sellers, and is capable of simoultaneously transacting for both parties - if you want to prevent buyer or seller taking a risk (assume that the organisers will never do a ticket buy-back and take the risk themselves.)
This is not possible with the current ticket arrangement. It could be possible if tickets could be cancelled electronically, but even then I couldn't see it ever happening. Alternatively GFL abandons the ticket-person link (e.g. photo) and you sell them on ebay. Again, that's not going to happen. If anything, expect other festivals to follow GFL's lead, rather than GFL revert to the current status quo.
It's a pain I know, but essentially it's GFL's anti-touting measures that are the root of this. As a balance of evils/inconveniences, I'd say stuff the touts every time.