Should Locket give more MR
Locket of the Iron Solari only giving 35 mr feels kind of harsh on tank supports. Tank supports are essentially forced to build this item for the team, but it gives them significantly less mr than the other tank items.
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as a leona main i'm gonna say no. i don't think you're taking into account the value of the aura and active.
stolen from league wiki because i'm lazy
While the aura is affecting the wielder and no one else, the item is 91.87% gold efficient.
that's not bad. as a support you're rarely ever alone, and this item is incredibly valuable in teamfights.
If all teammates in a 5v5 game mode make full use of the active and the aura at level 18, this item is 319.07% gold efficient.
but it gives them significantly less mr than the other tank items.
I get how you feel, but I have to disagree. It gives a bit of extra MR as an aura, up to a potential of +60 MR passively. The active is decent enough as is, but the passive alone makes up the gold efficiency. Remember, supports sacrifice personal power in favor of increasing their team's power, and itemization is no slacker there.
-
During a teamfight, you're looking up to a maximum of +80 MR (20 + 15 x 4). Just like other support items,
, it gives less selfish stats but more team power. -
15 MR may not seem like a lot, but that can effectively negate an enemy's
. Not to mention several "true" tanks deal magic damage, and now your frontline is taking a bit less and anyone dived is taking just a bit less damage from those magic damage tanks. -
More health (maybe +100?) would likely be a better stat, since supports a) tend to lend against attack damage carries, and b) a little vulnerability to mages wouldn't hurt.
Just my $0.02
So guys. Before MR got buffed the MR items all had 40MR. All of them. Including solari locket. 25+15.
Since same auras dont stack, theres ABSOLUTELY no reason why locket cant be 35+15 or even 45+15.
I think locket is at a very good place right now. it matters enough to notice, and honestly there's a good chance it's technically too strong right now. but, it's at a point where it's almost exclusively built on supports, because of what you said - it doesn't do enough for a dedicated tank.
If locket shifted the mr a bit into the aura so that allies got more, say 15 + 25, it'd see much more use while not overstating one person.
Locket is already an extremely popular item and a very powerful one at that. It's designed to be selfless so it's always going to feel a little bit underwhelming for the purchaser but that's the sacrifice you make when you decide to buy it and the stats aren't even particularly poor. No, 35 MR isn't amazing, but 400 HP, 100% HP regen and 10% CDR in addition to that is not at all bad for a 2500g item which you're already purchasing primarily for its passive and active.
There's just no room to buff an item that's already popular. If you want it to be stronger for the person who's actually bought it then you need to take power out of the aura/active and that's not a change everyone will appreciate.
I thought that MR on items is getting Nerfed hard with the mage update? So then it will be less under powered by comparison?
Having one of the two aegis items is already mandatory for dealing with any team that does any significant magic damage. If anything the supports that need help are the ones relying on AP scaling who are being choked out by locket's existence.
tank support items can never be good because tanks will abuse them. ap support items can never be good because mages will abuse them.
poor supports.
Absolutely not. Locket is an extremely toxic item. Even after the health regen nerfs, it is already extremely gold efficient, and is one of the reasons why 
as a champion has effectively been removed from the game (if 
existing and being extremely powerful right now wasn't enough).
It's currently a band-aid for how shitty supports itemization and scaling is, at the cost of completely nullifying the existence of one champion in the game.
I think there will always be a little bit of debate about whether or not Aegis is giving the right amount of MR, but you can't have it give all the personal tankiness of other MR items in addition to giving an aura without the item being broken or way too expensive...
60 MR for team = 1080 gp 35 MR for you = 630 gp 400 HP for you = 150 gp 10% CDR for you = 300gp 100% HP Regen for you = 300 gp
Gold value of item is 1380gp away from teammates, 2460 during team fight.
The Active costs either 1120gp for you or 40gp during full team contact.
But let's obviously assume you aren't always in a full team situation for 15-30 straight minutes after purchase. Rather, let's assume you are always with at least 1 other teammate, with a third in frequent rotation for the entirety of your use of the Locket. So assuming basically 2 team members benefit at all times, gold value of base stats is 1920gp, and average "cost" is 580gp for the shield active.
I'd say Locket is pretty gold efficient if you need it, and make use of it.
Also: I am not sure how the gold efficiency of a shield active is calculated, but if you think of it as extra HP5, the value is 450gp just for you. Ofc the shield is much more valuable than HP5, but that brings the raw gold value of the item to 1830, up to 4710 if you were in team fights all the time. On the average(assuming as above, affecting and shield 2 teammates during its usage), the gold value of the item is 3270 gp, spiking hard during team fights. That is the minimum, and would go up depending on how much more the shield should be valued.
I am not sure if any of this analysis is accurate, cause I don't know wtf I'm doing, but I doubt they are gonna straight buff the ol' Locket any time soon.
P.S. LoL Wikia states gold efficiency of Aegis of the Legion to be very high, at about 5k under teamfight conditions. Of course that's assuming constant application of the aura, which isn't realistic or an accurate way of thinking about it.
The problem with making locket or banner give enough tank stats to warrant buying it JUST for the user, is that the amount of gold from the aura will make it the best and only option for mr\health items. I tend to think that an aura of that kind is unhealthy in the first place both because it it forces the support or jng to buy the item (depending on meta and comp) simple due to the large amount of gold it gives to the other members of the team and it forces magic damage dealing champs to buy some sort of MPen even to deal optimal damage, even against champs that didn't invest in any tank stats.
Here is a good article that Meteos wrote during the summer of 2015 about ageis. The meta is a little diffrent, at that time Magic damage was more common from the AP mids and the Tanks that were really common top and jng like Maokai, Gragas, Elise then it is now. But that will most likely change in the next few patches with the MYMU buffing lots of mags and their items, while nerfing mr on items like Spirit Visage and GA.
The thing is that if you add in the extra 15 MR for allies the item is far more then cost efficient. You are sacrificing personal tankiness in the name of improving your teams ability to survive which is why I do not see it needing a buff.
I feel like locket should be cheaper and have less attractive stats for a solo laner or a jungler to purchase.