Bloodstone was always fairly awful item on him. Or just fairly awful item in general. There's plenty of heroes usually perceived as non-junglers besides 6.75 Doom that can do well in the jungle if left alone for 20 minutes, but that's usually not possible. They all start out slowly, then they get items and levels and farm efficiently, but then it might be too late. Lycan was powerful because he was the one hero that by level 3 would farm in jungle as fast as lane, and what they did to him will essentially slow his jungling by 2-3 minutes. Laned Lycan might be fairly common thing in the future. Or forgotten Lycan.