I wasn't really referring to the rewards themselves, just the act of being rewarded for an activity, but I do agree with you on the reward system for PoE. It can definitely use some tweaking to make it less RNG-based. Maybe if you down Skolas you can earn something similar to a Judgement's Chance, which you can trade in for a guaranteed elemental property. That would put it more in line with the ToO chest.
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This would make a more decent balance between the two activities. I am all for pvp players having some form of awesome reward for their "end game". I don't care if I never set foot in the lighthouse unless I earn it. Makes sense to me.