Quote from Küken
I run a very similar build from time to time, but I use Deadly Reach: Foresight instead of Blazing Fists. The 15% ms+as are nice, but the buff duration is just too short for my taste, having to refresh it every few seconds. With Foresight, you only have to tap it once for almost any battle (only the third strike as well), the buff itself lasts quite long and combination strike keeps itself at the highest stack count if you don't stop attacking. This nets you 49% increased damage, the dps gain is usually about the same as Blazing Fists (the closer you get to BiS gear the better Foresight will do compared to Blazing Fists actually), the only thing you don't get is the movespeed as a tradeoff for less troublesome buff refreshing.
The problem with the movespeed would be, that its overshadowed massively by Tempest Rush. Even in a dual-wielding build, if I want movespeed, I just add Tempest Rush and Exalted Soul, so I have a couple of seconds in speedmode to travel between packs. Your build offers nice additional damage and a little bit of added movement. If it works for you, very good, but whenever I need movespeed with the Monk I end up asking myself why I am not using Tempest Rush
Deadly reach build is just too slow and clunky for me, not enough cyclones, not enough spirit regen and slow movement speed. Concerning the tempest rush builds, if you use tempest rush with one handers you lose a damage ability and a defensive ability. CC build suffers from neither of those which allows you to take it to any MP. Against the 2 handed tempest rush build CC has the advantage that it has no damage ceiling, you can stack ias and it helps the build instead of hurting it.