That will put Rogue 20 vs. Fighter 20 at DR 3 vs DR 16.
That kind of disparity will make the Unfettered Warrior character concept an obviously inferior choice and shift the meaningful difference from the character to his/her gear - the exact opposite of what I'm aiming for.
[Edit:]
Also, your formula makes Full Plate grant DR 4/― at 1st level.
I believe that this is too much.