Allocation by area - there's a great idea. A recipe for a huge pissing match between anglers. No interest.
As for top 10 - great way to cut through the crap - here's mine all 8 of them, the other 2 I can't publish
1. Longest possible season taking into account or giving priority to times when most angling effort takes place - achieved by catch restrictions and season start time
2. Limit personal catch to 6 - 10 per season
3. Halibut punch card - record date and location of catch by Management Area Unit
4. Halibut conservation stamp - proceeds to general revenue (because that's the current system), but separate account set up to deposit "in kind" $ into a recreational halibut trust fund to be managed by a recreational board/society/commission - same thing we did with Fresh Water License fees and the Fresh Water Society of B.C.
5. Mandatory return of Halibut punch card to DFO to allow for improved catch monitoring
6. Illegal for guides to transfer catch to guests
7. Set up Recreational Halibut Fisheries Commission with mandate to engage recreational anglers, distribute catch and biomass data to create a transparent process for developing management options and presenting those to DFO
8. Barbless Hooks to promote effective catch and release