I'm ok with what they're doing so far; I admit, I'll miss the thematic quality of Heart Strike and maybe we'll see it come back if Gladiator's Resolve is successful and later down the line (hopefully within the walls of WoD, though they said they may not make that happen) we get Blood DPS back and it'll come with HS.
Otherwise, I'm fine with blood having Death Strike and blood spells; I get that some folks want all these "strikes" but really...you're using a lot of Death Strike anyway and you do auto-attack with your weapon. That we are the only 2H tank and have all this blood magic to use is kind of what makes us so much cooler thematically anyway; we're not just a blood-power warrior and we should be using blood spells and a little shadow magic as well.
Honestly, I feel like of all the specs, Blood's the only one that can get away with using a little frost and a little unholy on top of its own blood spells, where something like Death Coil would feel strange on Frost and Howling Blast would feel off on Unholy (Hell, even a perma-ghoul would feel strange for Frost, Thassarian and his bro notwithstanding) so I think it works - we still have DRW as well, so the blade hasn't been forgotten.
I am still on the fence about what plate class I'll play in WoD; probably my DK but the warrior notes have REALLY got me considering playing that instead.