They are not rings first and foremost, that's just a placeholder.
The season legendary for wizard is a wand that removes cd on teleport and adds a 25 AP cost to it.
Alot of old legendaries are getting new powers, so i still think this effect will be present on the new green orb or on the swami, or firebirds new bonus.
atm i use storm armor to proc tal'rasha's meteor so i would be using prismatic armor and still get the lightning procs + 12% reduction from cold armor, imo it's actually quite good, specially if paired with the party one like ppl metioned.
If you're using Tal Rasha meteors and need to waste a skill slot on proc'ing the lightning meteors (especially concidering it means you're then losing either Pinpoint or Prismatic), then you need to reconsider if you really want to give that much up for just one of four element procs... Or get a thunderfury or something.
Season only legendaries have yet to be released. Chances are that this will be one of them (considering it is very class specific).
That said, unlocking all armors is kinda meh. I mean, sure, you free up a skill slot (but do you really? You won't get your prismatic or pinpoint bonus through this effect, which are pretty big fucking reasons for taking the skill in the first place).
What you get is essentially:
12% melee dmg reduc.
Chill enemies if they melee you.
35% armor.
and the 147% wep dmg lightning aura.
I mean, I'd straight up trade 12% melee dmg reduc/147% wep dmg lightning for prismatic or pinpoint any day of the week either way <.<.
That said, unlocking all armors is kinda meh. I mean, sure, you free up a skill slot (but do you really? You won't get your prismatic or pinpoint bonus through this effect, which are pretty big fucking reasons for taking the skill in the first place).
What you get is essentially:
12% melee dmg reduc.
Chill enemies if they melee you.
35% armor.
and the 147% wep dmg lightning aura.
I mean, I'd straight up trade 12% melee dmg reduc/147% wep dmg lightning for prismatic or pinpoint any day of the week either way <.<.