100% the kind of thing someone ought to be punished for (unlike simple possession, certainly). The main thing I find objectionable is that one must pay a flat-fee ransom to an assuredly-connected-to-important-people-and-overcharging commercial entity to get one's children out of jail. There are a few things wrong with that, but fundamentally it sucks that how much money you (or your family) have determines so much about how harsh a punishment is. It can be anywhere from "a little annoying but no lasting harm done to anyone" to "everyone in your immediate family's quality of life is now 10-80% worse, measured over a lifetime", for exactly the same crime.
[EDIT] and on a less personal level, the thing that bothers me about it is that a justice system that intends to reduce crime rates should avoid at all costs being a driver of poverty.