Gradeless Systems?

"Exerpt from Zen and the Art of Motorcycle Maintenance on Gradeless Systems": 
I agree with this excerpt to a certain extent.  Yes, it is often difficult and frustrating not to always be able to keep up with every assignment or to do my best on each one (due to other obligations -- including sleeping, eating, and spending time with family_.  But, a balance would help me (and, probably lots of other students) in this area.  Maybe, our classes should be half graded and half self-evaluated.
When I found out that this Soc. Justice class didn't have points assigned to each task, I was a little puzzled -- but, glad there aren't any EXAMS, especially with all the reading that's taking place this semester.  But, after we got going, it became less intimidating for me to try something new (like "blogging").  The "catch" is, we're still expected to produce quality work in order to gete the desired grade at the end, but there's not as much pickinesss about every detail, every step of the way.  Maybe, Prof. G.'s grading system will help to get us ready for grad. school.  Or, for those who haven't been instroduced to the "wonderful" world of work -- maybe this method will prepare you for possible situations in which your future boss doesn't give you pep talks, pats on the back, and gold stars each time you successfully complete a task.  Thanks for the wake up call, Prof. G.!  :-)