The skill is just extremely buggy, and it's depressing that they took a very useful and functional skill (old evasive mist) and turned it into this mess. The old version definitely needed some nerfs, but it was fun and rewarding to use.
This new one causes you to rubber band like 75% of the time in cyrodiil. On other players screens, you'll often start the animation without moving, and a second later appear wherever you were travelling to. It's super frustrating as I'm sure zenimax has no intentions of fixing the ability now that they've changed it.