I'm still seeing a lot of Warmogs users in Classic mode, and the price increase didn't really have a major effect on them. Really it just inconvenienced them slightly, and didn't make them question the purchase.
Last game I saw at least 5 Warmogs users (I was not one of them; it's a poor item on Pantheon compared to a GA). 3 were on the enemy team: Garen, Thresh, and Miss Fortune (yeah, she got it). Ended up getting Blade of the Ruined King to counter it; worked like a charm.
However, I doubt Riot will want to nerf the item again, so might I suggest that instead you decrease the cost of its AD counter? Reducing the combine cost of Blade of the Ruined King would be a good place to start, IMO. I don't see that item often enough, probably because people think it's too cost-inefficient. Reducing its combine cost to, say, 800 from 1000, would definitely see an increase in its use. (Liandry's is fine ATM.)
My 2 cents.