Rageblade simply should have been split into 2 items.
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due to your amazing argument and evidence on the topic i have no choice but to agree with you
how would you split it into two items?
I do somewhat agree, because the AP component is wasted on many champs (yi, vayne, kalista) so it could be made into two items, one which has the on hit stacking (possibly with resistence shred as the reworked item will have), and another with phantom hit. However this would surely result in the phantom hit item being stronger than rageblade in its current state, the question is How to balance that ..
Split into what exactly?