Does 3 min recast for elusive jump seem excessive to anyone else?

[seekified]

Because you are the only dps in the game with 3 gap closers.

Pretty much this. I main DRG, and I would love to Elusive Jump much more often, but I can see why they did this. With Spineshatter Dive's CD reduced to just 60s, we usually have movement when it's needed. We can still move between two add groups and back to a boss with the skills we have as they are now.