I had only been thinking about the powerful new lootgen abilities from the perspective of epic items in the ML 25+ range, until I saw someone link an ML15 item with a +8 stat on it. These used to have MLs in the epic range.
Cannith crafting hasn't been of much use at epic levels in a long time, but was at least pretty good for leveling through heroics.. but these new items are going to make that obsolete as well in a number of areas. I understand the need to put out new, fancy hardware, but the Cannith system is a great feature that obviously took a lot of work to program.. and takes a fair bit of effort to level up as well. It would be nice to see it get updated so we can make items as good as ones randomly dropped in regular chests.