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As for me, I'd pay for a good seat. It would actually make me more likely to go to a movie I bet. We usually go on a whim so if we aren't that early we won't even bother because I won't sit in a crappy seat.
That's a significant monetary investment when you consider how many people you would need to staff it for all of the screens and all of the showings.
A more economically viable model would be to just use this system for big premiers.
In the model I saw, that wasn't a problem. Seats and rows were clearly labeled, and you see the layout of the theater every time you purchase your ticket. Also, it's not a football stadium or anything like it. It's really, really simple to find your seat in a movie theater.