Yeah, this is a really really weird change... It makes +spell speed pretty useless, even detrimental because it makes the spell's lifetime much shorter. Maybe it's just complaining for the inability to adjust to change, but as a large-monitor player, i feel horribly horribly gimped. It's not just shooting things that are really far away that is changed, but shooting things around corners using the wallslide mechanic, for one.
"For many players this should hopefully be hardly noticeable of a change"
Unfortunately, this is such a huge and drastic change that I can't notice anything but this change! Maybe I am incorrect, but I find that my spells ranges are much shorter than before, and I never even played with +speed enchants. I can't even put in to words why this is such a negative change for me. I think it's just because I'm not good at dodging at close ranges. I need a lot of room to be able to dodge, I'm not a twitch reflex guy.