Jungle itemization is so close to being perfect
1 smite needs to be removed. That is a given, nobody in their right mind thinks 
is good.
2 enchantments need slight changes. 
Obviously needs to get nerfed, but in a way that makes it viable, not broken as shit, and doesn't blatantly support farming for 20 minutes straight. 
just needs a slight, maybe 5 or 10 damage, buff to compete with stronger enchantments.
is actually perfect right now. Tanks can build it, do great, have an impact, but not be completely absurd. And not just anyone can build it and abuse its broken nature, like on its release.
however, pretty much needs a rework. Apparently Riot hasn't learned that 
is going to find a way to abuse any on-hit item. Additionally, the item is too limiting for certain champions. Not every AP champion wants an on-hit effect. In fact, plenty would just prefer the extra 10% cdr Magus had, such as 
and 
.
To put into perspective why Runeglaive was a bad idea, I'm gonna compare it to Warrior, because I feel as if it's users are the most similar, jungle wise that is, to those who would buy Runeglaive/Magus. Let's say that now Warrior gives no Armor Pen and 10 less damage, but gains a sheen-like effect lifesteal on jungle camps and a small amount of hp, say 200. Sure, 
would love it, and so would plenty others. 
on the other hand would take a considerable hit. Even a champion such as 
might not even prefer this version over the actual version. Sure, the Sheen proc would be nice, but you'd lose out on some damage for spells and the armor pen, and maybe you don't need the lifesteal (ex, Kha heal, Xin heal, Lee Sin heal, Olaf heal--you get the idea). Yeah, the item would be super awesome on a handful of champions, like how Runeglaive is good on 
and , but some champions would much rather the actual version of Warrior, like does Magus.
And Riot, have you considered making another enchantment? It could be some sort of Hybrid small amount of Magic damage small amount of Physical damage on-hit item. Actually, pretend I never typed that, because would abuse the shit out of that
On a serious note: Despite the wild imbalance right now, we're very close to a balanced jungle. We just need a couple things; listed below for convenience.
- Devourer nerfs
- AP jungle item that EVERY AP champion likes
- Perhaps a slight Warrior buff to compete with stronger items
- Do something about Poacher...