If it is not broken, DO NO FIX IT!

[Abriael]

I can understand to a degree how that may work, but when I have to wait over several hours to "respec" my points so I can play my mage class with any degree of potentcy, that's not exactly "versatile" to me.

Have you ever experimented the effect of that difference in stats? I and quite a few others have. The difference is not nearly big enough to make you not viable in any role.
Even if you have most of your points allocated in physical stats, you're still very viable as a caster (when you use a caster class, of course). You're not 100% min/maxed, but your viability is not at all compromised. I don't think anyone will ever even *notice* if your heals heal 10-15 HP less than the heals of someone that has specialized in magical-friendly stats, you know?

I understand wanting to be efficent, but 100% min/maxing isn't nearly necessary to be efficent.

The system as it is now, allows you to specialize on a class or a role, being 100% min/maxed on that (for instance, I'm specialized on tanking), but you're still efficent in any other role, provided that you equip the right class of course.