Her Ricochet is far from worthless. It's way more fun to use, for one, and also people need to realize that it was Ricochet that was holding her back all this time.
She HAD to have crappy range, because Ricochet was artificially increasing it and they had to keep her range nerfed because of that. Her range is the same as Teemo, Kog'Maw (without BAB) and Twitch, only 25 less then Graves and 50 less then Corki, Ezreal, Miss Fortune, Tristana (lvl 1) and Vayne.
50 Range isn't much. Noticeable, but very much manageable She has 5 to 10 Movement Speed more then any other Ranged Carry, bar Miss Furtune with stacked Strut, and unlike MF she gains 50 when attacking instead of losing it when getting hit or running away like Vayne.
Does the current Ricochet need further adjustments? Maybe. Damage and mana costs are all things that can be easily tweeked, but the concept of her new Ricochet is cool and way more active then the old one, especially when you take into account the base range buff.
Can I still clear Minions waves like they're nothing? Yes. They kept that part of Ricochet + BB combo. I love that I have something else besides Q that I can often click on in a team fight. Sivir was kind of boring before this.
Oh, and I'll leave this here: *******http://youtu.be/Lusy4WpaFpk********