Nothing wrong with some "merit" reformations - just treat teachers like other professionals (lawyers, engineers, etc.) and stop trying to pull a blanket over the entire curriculum.
Honest-to-goodness school reform will not occur in the near future because it requires 1.) money and 2.) overhauling everything we currently do. Instead there's always these small suggestions sold as silver bullets. Put technology in the classroom! Ban homework! Don't refer to teachers by last name! Have the teachers attend classes every week! Bla, bla, bla.
If you want to strive for the maximum achievement in every child, you're going to have to think about the very nature of education and what exactly you want it to achieve. Do you want every kid to be on a college-track or prepare them for the "real world" or something in between? Do you want to hold every kid to a disciplined lecture format or create different types of classes with different types of teachers to reach different types of learners? Do you want teachers who are held to the same exact standards or who operate mostly as free agents?