I'll side with Larian here. The only way to make up for the fact that there is currently a lvl4 cap in an act that will likely take us to lvl 5-6 (unless they change the xp system) is to give us sort of powerful magical items.
Apart from the magic missile one, none are really OP, but all will make you slightly change your tactics in combat so you can actually benefit from them.
I also find myself not necessarily going for the best equipment but the one that will make my characters look the way I think they should.
I mean, I don't want my Shadowheart to wear that ugly +1 dex throws helmet . The graphics play a part in the choices I make, which feels sort of like roleplaying.
Totally agree though, would love more stories on the items.