Not at all, quite the opposite I believe. The overwhelming majority of top travellers and highly ranked members now understand very well the need for some kind of verification system.
Extreme travellers have all spent thousands of hours in their lives preparing and experiencing exciting journeys around the globe, to the most difficult and far-flung destinations on this planet! So they also find time to dig into boxes and cartons long forgotten in the attic, and finding adequate proof, even checking out diaries that have turned yellowish with the years. The verification process can be great fun, and I am always listening to even the most difficult scenario. But we still have some top members not verified yet. This is mainly because they are new to TBT or they have a hard time to prove their journeys happening more than 50 years ago. A Swedish doctor went to Equatorial Guinea when it was still called Guinea Española, and there was an internal discussion if this is a valid visit or not. Personally for me it was not. I made it standard policy to visit each UN country after independence at least once; in my generation that is especially valid for ex-Yugoslavia and the former Soviet Republics. But TBT has later on decided to accept those visits if there is sufficient proof. I also double-checked a Swiss visa stamped into a Finnish passport from the 1950's. Those were the good old times when even Nordic countries needed a visa to visit Helvetia! Sometimes I have to make a field trip. Last December, I paid a visit to famous bicyclist Heinz Stücke (currently 1st ranked on TBT) who lives in Westphalia, Germany. Heinz has been not only to all 193 countries, but to an amazing 1105 TBT regions with his own bike, travelling over a period of more than 51 years, about 660,000 km in total. He must be the greatest traveller of us all: what others did with the help of turbo engines, Heinz did it with his own muscles. In China he was beaten up by drunks, and several times he was robbed along the highways. To finance his trip, he sold colour brochures about his incredible journey in countries like Japan where it was selling like hot cakes. His excellent cooperation with TBT also shows that age (Heinz is 77) is not really a valid excuse to 'escape' the verification process. TBT might have lost a few members due to verification, but that's peanuts compared to the increase of members in recent months, part of them high-profile travellers like Andre Brugiroux (80, author, best travelled French man) who I met in Paris last month, people who have never joined a travel blog before.