Personally that’s how I view the “Oh no I need a Dawnbringer refund” argument. If you had 1,000,000 souls to spend I’m not sure what the heck you want with them back for, you’re beyond needing them. There’s nothing else to really spend them on.
I think it stems more from “people aren’t happy that a 1,000,000 soul item is just bling”. There’s no DB meta in PvP, it’s too slow for Explore… that leaves Arena the only game mode where you feel like you got something for a huge, ridiculous grind. If it exploded some gems, it’d probably see some play. If Hero classes were a little more powerful, it’d probably see some play. Instead it’s just “the best Arena weapon”.
I’ll bet some of the first people to craft DB were super-late-game players with nothing better to spend the souls on anyway. By now we’ve got a lot of people who probably raced for DB before leveling many troops. I feel that 2nd group likely has a lot of buyer’s remorse.
There’s a whole different discussion about what that could mean future bling weapons should do, but right now I think it’s OK to focus on, “Dawnbringer had unintended consequences and now we want to deal with that.”