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With cooldown and mana cost reduced on devouring plague I expect it's current potency will be nerfed a bit.
Actually, they increased the coefficients of Devouring Plague and Vampiric Touch in the latest patch ;) My DrDamage is not yet working, so I really could not tell you what the coefficients are; sorry.
Blizzard stated that they want to gratly increase priest DPS so that they can compete with other classes once again. I think you all know what I mean. The sacrifice was they removed the "utility" aspect priests had in groups.
Personally, I would give up Hymn of Hope or Holy Nova for the Spirit buff. As a Shadow priest, I am rarely going to use Holy Nova (mana hog), and Hymn of Hope's regeneration is barely noticeable; on top of the fact I get two mana buffs just by casting.