A couple of points need to be made: using a Wizard with the given skills right now would NOT be successful at all without Force Armor being the way it is right now. The sole reason why you people think it's cheap and why those who don't think it's imba are "poor excuses for gamers" is because of the market.
If you don't know much about the game, you're any other class, and you stumble across a +Int + Life Regen item, you probably would think very, very little of it. This is why I look on the AH and see + Life Reg for SO cheap. Wizards are cheap to build because you don't know anything about them. That's the bottom line.
I will say, though, I've noticed a steady inflation in the cost of + Life reg items in the last 2 days. Good for you all.
If Blizzard nerfs Force Armor without buffing anything else, I'm rerolling to a DH the second I read those patch notes.