Here is why its still bad. These conduits are similar to essences since there are 4 slots.
I found myself swaping out all 4 of my essences if I was doing something like PvP, but after I am done I swap back to the ones I use for raids. That would be 8 swaps doesn’t work with the new system. Also I have swapped all 4 of my essences for ones that worked better for dungeons. Once again that is 8 swaps to go back and forth.
They really don’t want people to change stuff or be optimal for what content you are doing. With this time gating on changing your borrowed power on your character.