I do like that they removed the unintended taunt it gave to all ads -.-' It could literally steal taunt over another taunt. Not anymore and I am glad.
But it is a great ability to use to apply magic steal to all those around (although for some odd reason it seems to have a limit to how many it can apply from a short distance, not sure if bug or what)
It does feel like it gets shortchanged because of the cost it has.
I honestly feel it is a highly recommended skill to use as a mag templar healer. Even so far as to say it should be a required one.
Compare ele drain's magic steal to radiant aura... ele drain can't apply to that many targets that fast. Maybe radiant aura either needs reduced cost or maybe add an extra effect.
AoE taunt for templar hybrid not that bad. With 20k hp and 20k+ resistances, standing in rune you can Sweep almost any packs of trash mobs and they just can't kill you, cuz you insta heal 15-20k hp with one Sweep. Vet non dlc dungeons.
Though i agree this ability must be reworked. This could be a real aura ~10 meters radius and gives to everyone ~300 magika or stamina regen whichever maximum pool is higher for X seconds.