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Unless your gear is utter crap, the Sundial should likely be the biggest upgrade for the vast majority of folks. Definitely a solid choice.
Are pure +spellpower trinkets (crescent, alchemy) a thing of the past now?
Sure with FFB, crit is a great stat to have. Does the proc make up for lost spell power?
As I've upgraded my gear from 70-80, my crit has gone up, while my spell power remains in the same ballpark as it was at 70 (around 1200). I haven't started raiding yet, and am just now getting into heroics.
Armory: http://www.wowarmory.com/character-sheet.xml?r=Terenas&n=Spazicus