You gain a lot more main stats through the conq gear I don't know how that would have been overlooked though. The more pvp power on the malv pieces are to help people actually do damage compared to people with tyrannical gear.
Pvp power is now a bonus, is garbage you dont even gem anymore for it. i used to gem pvp power on everyhting now isnt worth it. as dirty said, you get way more agi on 496 and you will do more damage in said gear vs 476
As others said, the pure stat upgrade totally overwhelm a few points of pvp power that more or less does nothing anyway.
More stamina/more main stat X/More secondary stats Vs 30-40 pvp power. Easy choice
Good point. The trinkets underscore this perfectly.
All the comments about 496 being better than 476 because of the other stats aren't directly addressing what you're saying.
With all of the iterations from one tier to the next and such, I imagine it's an oversight on the part of Blizz (though it could just be them trying to level the playing field somewhat for newcomers without starting a riot). /shrug