I hope that their idea of "fixing" this isn't to only allow 2 rings and 1 amulet. Champions need all the help they can get to be combat-relevant in the late game. Just limit champions to one of each item. It costs quite a lot of gold to buy all this stuff, if you can't just spam the cheapest jewelry that gives each bonus.
Mr T gives you +1 karma for your excellent suggestion!

Yes, I can see this getting through... with every other game out there limiting it to x2 rings and x1 amulet, I guess everyone else is wrong. [At this point, a live release allowing you to stack infinite items is just looking as business as usual. Not sure what the beta testers did, being entirely honest. However, being honest, I'd not tried this yet, so I'd be as guilty.]