Hooray for math!
Still puzzled as to how Versatility allegedly beats out other stats for other classes/specs, but I guess that's better directed in their forums.
On topic, would one think that the same applies to relic upgrades of like 5 ilevels with a worse trait? I mean, as long as the new trait isn't the Drain Life, Incinerate cast time, or Life Tap traits I'd imagine the level upgrade would beat out the slightly worse trait