It should be enough that you can attack, kill, trash talk, take the items of, and destroy the homes of, any player you meet. If people get that high off of being able to also delete items, they need some mental help to figure it out, imo.
I also suggested somewhere that to delete you equipment you should have to take it to a smith and have them broken down.
In the cause of 5k granum, well... how are you going to 'break' that?
I see almost no merit in letting players delete things willy nilly. If you arent killing with room to loot and sell or salvage, don't bother.