I don't think Redemption's ever going to be balanced
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It's a very potent aoe benefit
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It synergizes with another very potent aoe benefit
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Mana regen on it is top tier. Other items are like 50% to 75%. Spellthief line's 3rd tier items are soon to follow.
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What else even gets close to the potential power of this item anyway? Besides Locket...
Even if you nerf Redemption, if there's no suitable alternatives, you just nerf support as a whole and we'll still all build Redemption.
