Agreed. This is why I dont use the flying text option, But I would if there were some sort of filter.
Edit: For example, I know lots of players hate to compare, but, on FFXIV 1.23b, we had some sort of "flying text/dropping", but instead of flying up/dropping down it will just pop up quickly, it will give you the damage/status effect/etc, and then just go. It will probably be 1 second or 2 at most on the screen. I won't link aything here for sake of not cluttering with links, but feel free to check 1.23b videos and check what I am talking about.
I would love that back, the "pop in place (aka don't go up/down the screen) then fade", instead of "pop ands fly up/down all over".