Zeke's Herald: Is this item being looked at? Or is it another "pile of crap" item?
I pretty much never get Zeke's Herald, even in compositions where it might be good, because the stats it gives to the wielder are absolute crap. Only 250 health? That's outdone by a freaking Ruby Sightstone. And the aura itself is worthless to supports and tanks, even if it might help out your mass AD team (which is probably getting countered by Thornmails).
If anything, I think the fact that Zeke's Herald is an aura item is the flaw itself. The aura is too niche, and the fact that it's an aura demands that you only get it for niche scenarios, instead of being practical. If it instead involved an active effect that affected one ally, that'd be much better.
Here's some rough thoughts on how Zeke's Herald could be changed:
Recipe:
+
+
UNIQUE ACTIVE: Place a buff on target allied Champion granting it +X attack damage and +Y% lifesteal for Z seconds. This cannot be used on self.
This solves a few problems. One, it makes the item better as a personal buy, though not necessarily for cost. The loss of 10% CDR can actually be a bit of a buff too, as it makes Zeke's Herald more compatible with other support items. On live, Zeke's Herald frequently causes "CDR Overload", pushing past the 40% cap and thus wasting stats, so reducing it to 10% causes less overloads.
Second, the aura is removed in favor of a single-target ally buff effect. This actually makes the item more general purpose, as you could always put it on your team's ADC. It might require more action on behalf of the support player, but surely the benefit would be worth it.
Lastly, the way the active is configured means you can't use it on yourself, so fighters and bruisers shouldn't poach its effect.
Anyone think this could work?
only difference would be 
you would have to be in aura range for it debuff I think the only balance change id make is that the debuff aura would work like 
and be removed as soon as you go out of range and not linger like 
+ 
give it the same aura, and the healing active from face of the mountain and it would be a decent support item.
loves 
could do it as a 3rd item. But it is for supports and your team wants 
in every game basically. If they ever nerf the required active on 
and a few others, and it jsut makes life so fun
and 
, because it gives solid tank stats, and allows your carry to do even more damage
too, but you're right. The CDR is almost always a wasted stat. I've built Zeke's + Censer on Karma before when my team had 2 AD laners and a tank jungler.