Would these changes tone Rageblade down enough?

. Yes, this hilariously stupid item. Would the following changes (some or even all of them) make the item more reasonable?

• Max Stacks lowered to 6 from 8
• Melees no longer get double stacks. Instead, the first melee attack in an engagement (after Rageblade fell off) grants 2 stacks.

The full item would grant 48% AS, 48 AD and 64 AP at full stacks, down from 64% AS, 54 AD and 72 AP. Overall gold efficiency goes down from 5056 (181%) to 4272 (152%). Melees still have a little head start on stacking, but need 1 more hit to activate the passive.