Honestly, my problem with Relic is that for the work involved to get one, it should ALWAYS ALWAYS be best in slot, no exceptions. At least 10 iLVL over the next weapon choice and NOT the other way around as it is now.

Yes, there is work involved in getting the coil weapons, especially for the third coil...but groups are clearing this stuff fairly quickly. We're not talking the elite of the elite..we're talking anyone with any competence and 7 friends of similar ability. The only thing keeping players from getting better and farming it up and getting all the gear they want is the weekly lockout. (and artificial wall)

In short, the hours you have to put in to study/figure out the third coil and acquire the current BiS weapon (at 135) is not at all on par with the amount of hours required to get the current relic (iLVL125).. therefore why would you ever waste time doing relic unless you just want to have the item for glamor.