I'm suggesting he get rebalanced so he's actually legitimately beatable early and mid game against melees - perhaps a longer cooldown on his W (the root,) and his point-and-click spells be changed to require SOME amount of skill. Maybe even a mechanic as simple as timing and chaining your spells appropriately; or better yet, mixing and matching spells for different effects.
Ryze's kit really does synergize a great deal with his character and lore, but if you're not going to actually balance a champion's overall scaling and stats and just nerf damage instead, you might as well change the whole kit. I'd miss his "old" kit since I don't think a new one could fit him better, but if he's broken to fuck and going to get nerfed into oblivion, I'd rather just take a new kit.