I dislike the entire concept of diplomatic capital, because it ruins immersion in the game. When using it, it reminds me, "Oh, this is just an AI, and I can use an artificial medium of exchange to exploit it to do something I want."
Keep diplomacy to gold, research, cities, units, etc., and I'd be much happier. Even bonuses/negatives to current relations would be fine. As it is, it feels too much like a game mechanic. I might think I'm actually talking to Relias for a moment. Then I see diplomatic capital, and it being just an AI in a game all comes back to me.