Interesting proposal, but i think complex medal counts are pretty ridiculous, considering it's to solve those overall vs gold medal count debates, even though the IOC says it doesn't matter what you use (since the games are all about the athletes) and these counts these days are to brag about nationality these days.
Well it didn't stop other countries from accusing the US media of "spinning" the medal count in their favor, even though the overall count is what the US has used for years. Although i think that is fueled by Anti-Americanism.