Otherwise cloaks will be an issue again. Particularly with the Nomads too when we have to deal with farmers.
Just be sneaky and subtle with the way you activate your cloak, it's fine as it is.
Agreed, having to CD a fighter in that exact 3 second interval in which it charges it's cloak isn't that easy if you time it well and combine it with your shield being down anyways. Getting out of a fight you're about to lose is already easy enough as it is, anyone who has played before the era of cloaks will tell you that. I'd vote keep it as it is.
P.S. Instead of nerfing the CD why don't we buff it's counterparts so people have a reason to use them? Why was the Mini Razor nerfed anyways, did people really cry that much about being shotgunned?