I dont believe this is the case. Found this listed in change notes.One note, IIRC arcane armor still blocks Waylay in [0.9], and given that AA is granted by high magic...
Arcane Armor – Note that this ritual no longer grants Waylay Protection.
I actually think waylay is going to be insane in 2.0. You can do it at much greater reach. You can double tap anyone without a helmet and KO them with no possible way to defend. The last playtest I went to I took some as a warrior and they where more useful then my PTD effects. Combat gets crazy you just have to see a back in longsword range. Also between Waylay and Stun limb as a fighter you can get a dodge pretty easy. What else are you going to spend build on, a 50build prof?