Why do I have the feeling that this nerf is not needed and quite bad for the game, let me elaborate:
1) the higher difficulties gave more of a challenge, now after the hotfix lvl 10 would feel like lvl 7 on live. I know what you crybabies will say " o lvl 10 was only a gear check" so what? let it be something to stride for and invest in, not a joke/walk in the park
2) round 2 in the quest for completely destroying the auction house, gold and real money, more "noobs" farming => lower to the ground the price of good items. When finally I was enjoying the game a bit more this comes, yes my fun comes from selling to nublets insane items.
You need to work for blizzard.. These people do not seem to understand all they are doing is making this game easier for botters. mp7-10 should be for the people who want to/can put forth the time or finanaces to beat it. I don't have a character that can do above mp5 in act 3/4 or mp6 1/2 but I'm striving to be able to. It gives me something to look forward too other than just getting items.