It has been said this item is a mid-late game item for supports.

However as the item is built from a Blasting Wand and Emblem of Valor and costing 2400, I find myself unable to feasibly get this item by "mid-game". Going along the optimal item path for supports of Sightstone, Phil-Stone and Kages I already find myself on average at the 10-12 Min mark even before I start working on it. By then other support items are much more desirable at this point.

Many sites have dismissed this item as a "noob trap" because of it's niche role.

What are you opinions on this item?

My suggested change for this item build is to replace the Blasting Wand for a Kage's Lucky Pick so it can be obtainable within "mid-game" where this item is designed for.

I like the idea of it being remade into and upgrade off of aegis that possibly offers a better armor aura, or not. Either way upgrade aegis into banner, get promote+aegis. Profit!

It seems to me the point of this item is to use it bot lane and then go Baron dance late game.

The 15% feels too weak for the item, and I would still rather not have the AP. It's an alternate aegis, and should feel useful defensively like an aegis for the wielder, while buffing minions instead of champions. I think it needs to be more defensively oriented, but the CDR is nice.