Presence of Mind Buff.. ?

[Slark]

My whole point is that if you are a competent healer you wont need to recover until you get into the coils. AKA Presence of Mind is pretty useless for the average healer until endgame due to the outrageous cool down for the minor gain. If they simply reduced the cool down it wouldn't become overpowered, just more frequently used.

I could live without Regen in "everything but coil", does that make it a stupid spell? No. Hell, by this reasoning, Divine Seal is useless for the average healer too because "you won't need to recover until you get into the coils".
PoM is used to recover, but its also used to deliver more nukes if you have nothing better to do, making it a dual-capability skill.
Also, go run WP speedruns. Presence of Mind is extremely good for holy spam, and WP speedruns are a fantastic place where PoM can show its true benefits outside of coil due to the high damage the tank is absorbing.