Arbitration is the best way to solve problems
Do any of you honestly know what arbitration is? If you did you might not see this as such a bad thing. (Despite the 9th Circuit being a court full of weird, activist ex-hippies)..
With Arbitration you get to put your side of issue out there to someone who is paid to act as an honest broker. Someone with NO agenda, no need to get elected or stay elected, just an impartial judge/lawyer hired to here this case in its most simple terms. Arbitrators are the most fair minded people on the planet, and I would much rather have my case heard in arbitration than taking a chance in front of jury.
That said, IF your intent is to get rich, abuse the system, bring a "class action in name only" because of the larger settlement number, then being asked to arbitrate your "problem" is something you just don't want. There is no get-rich-quick in arbitration, but there IS a fair minded decision that will more often than not come down on the side of person wronged.
If you go out of your way in your daily life to look for that loop hole that will give you the "opportunity of a lifetime" to sue some corporation so you can get rich with a nice big settlement, then arbitration is your worst nightmare. But, if you are someone that was wronged and your ONLY interest is to be made whole again, arbitration is the best way possible.