I will be voting “For” this proposal, with one suggestion for improvement.
Short and sweet - I agree with the benefits as laid out in the proposal. As well as feel they outweigh any of the negatives. The council was elected with the understanding they had the expertise to approve grant requests, so it makes sense that they will also have the expertise on the bounty side. Plus, from doing all that work they should have a really good understanding / first hand knowledge of the grant pool and what to be looking for.
My only suggestion would be maybe implementing a similar challenge round like the STIP bridge voting had. This may be a good solution to not having to force the DAO to vote on dozens of proposals, but also giving some agency to the DAO. And maybe can ease some of the concerns others expressed.