With regards to the "ultimate quester" title, I believe this is a very poor initiation to get the community involved.
I love personally LOVE quests and have completed all of them. For individuals in a similar situation, we would be forced to make a brand new account, purchase a membership, complete as many quests as possible without any guarantee (statistically, next to 0%) that we would gain that title - to many people, this doesn't seem feasible nor attractive, for that matter.
An alternative option could be:
(1) make it LESS of a competition and more of an incentive to get quests done, allowing more people to obtain the title. Lets say, complete all 200 quests to obtain the title within a 2 week time frame. (Similar concept to that of the "prepared" title, but with ALL THE QUESTS, as the title goes hand-in-hand with the concept.
OR
(2) Make it a permanent option, similar to the Helmet of Trials, but for completing all 200 quests. A significant milestone.
Personally, i'm favouring the former option - but it's completely at your discretion. Regardless, the current set-up, will only motivate a small portion of the community rather than what may be envisioned.
17-Mar-2015 23:00:08