Pay no attention to me, I am simply relaxing on a Thursday night and summoning Exodia No need to be alarmed
I played in the snapshot and It actually isn't that bad. The testing I did It only was 3 lapis to enchant at level 30. I actually like the concept, gives a bit more to the game, makes it interesting.
Everything you need to know about 1.8 http://empireminecraft.com/threads/official-1-8-thread-v2.36992/