I can't tell if this is true or sarcasm. He isn't very strong, but he's not weak in the mid game. If anything, his early mid to mid-game power is still very good. I think his biggest problem is item synergy. Trinity Force is better than ever on him; however, after it, his build varies and falls off significantly.
Old Tri-Force had crit and only 10% CDR, which I thought built nicely into Essence Reaver, Rapid Firecannon, and IE. With the new Tri-Force having no crit and 20%, his power spikes a bunch after its completion, but his build can go in like 3 directions after it. A lot of people build Hextech Gunblade on him now, but I don't like that very much.
I like building Sorc shoes, Tri-Force, Bloodthirster, and Maw of Malmortius. Then, I fill in the rest with GA or Void Staff or something. I'm missing his 50-50 Physical/Magic crits though... 