[Disclaimer: the statements below may be very old news to most monks but I felt I got to say it loud anyway.]
My monk is fairly average I guess in these times (5000ish armor, 600ish AR, 190kish DPS, 2.9 ls, 500 loh etc.) and I have hesitated to go for mp 10 - the few times I tried it with the cookie cutter build it was bit of a struggle, the fights with elites were very dependant on which of the affixes the packs got.
Then I switched mantra for Mantra of evasion, backlash rune, and o boy, the game changed completely! I mean, this mantra+backlash+lifesteal make my monk essentially immortal! Feels quite OP to be honest, I can even stand in a desecrator pool as long as I have something close by to hit :-). The dps is still alright without overawe, elite packs go down without me getting any gray hairs.
Been using Backlash as well, as I enjoy high MP farming. With the density changes via 1.08, this Rune should be getting some serious love by the Monk community.
I'm in a bad place right now with my Monk. 300 million gold to spend on upgrades I've been wanting, principally I wish to get away from OwE, but I refuse to spend any significant amount of gold until the itemization changes.
Not sure where you were but farming when I farm MP10 (Cave of the Assassin), I use a very similar setup... easy peasy
I farmed mostly act 3, crater and keeps. Still fiddling around with the skills, essentially there is one "free" passive and a couple of nice options on the active skills i.e. the way I like to play means that you will have to choose two skills out of the collection serenity, blind, WoL, exploding palm, and another spirit generator.
I am currently running this build in prep for the monster density changes. Backlash really feeds off of as many mobs as this game can throw at you.
At 3+ attacks per second, Deadly Reach gets the job done and I recover a respectable 18% damage modifier from the Foresight Rune. I'm waiting for the itemization patch before I spend any more gold on gears. Once that happens, I'm going to work on freeing myself of OwE and may add the combo strike passive to recover an additional 8% damage from the loss of Overawe.
So far I'm very happy with this build on MP8-10 and really really excited about giving it a go in 1.08
I cannot believe how much difference a second weapon with life steal does with this mantra in 1.08. You can literally not attack mobs and still survive in MP9 for 20-30 seconds. I have been playing a party role lately by sucking mobs with cyclone strike and using exploding palm to wipe out large groups. I dont even think cyclones are needed and will try switching out skills to improve mana regen since I want to spam EP everywhere. My dps is not that great but my 710 resists and 5500 armor allows me to stand pretty much anywhere. The bigger the mobs the better too. This is the closes thing to my thorns paladin in D2 I will see how this works without a WKL since I dont think i need cyclones for dmg.