Ah onto specifics
Is the proposed bastard sword change in the OP a waste of dev time?...Not in my opinion I like it alot actually and think it would change the weapon into a valid choice as it would be top dps versus 100% fort mobs and against certain raid bosses on rogues. Heck, I might even take it on a build.
Was the glancing blow change that the devs made a waste of developer time? Meh. It certainly was not the way to make either feat a good choice and it clearly is effecting the design of bastard swords with the chimera fang rework into a s&b weapon. Is it adding inertia to Turbine implementing something that would actually be effective in making bastard swords not such a mediocre feat choice for the lion share of builds in the game? That is an open questin.
As the fundemental change, but I don't have any ideas...yeah that is pretty weak sauce. Great if someone doesn't think it goes far enough then offer a suggestion. That's how these discussions progress.