Definitely worth it. I used a condition build with condition damage gear before and had my bleeds tick for around ~80 which was awesome but it took quite a while to set up.
Condition builds seem to shine when you have long fights since conditions just ramp up while you stack them up whereas bursting would be pretty similar damage whenever your cooldowns are ready. (disregarding more phantasms out there due to both builds having them) the problem with it is though if there's a long fight it usually means you're with quite a few players and then the bleed cap of 25 stacks is easily reached, which sort of sucks for a condition heavy build since it basically caps your damage. It is really nice that conditions ignore armor though, but then again they don't get any benefit from the vulnerability conditions.
Recently I went for a power/precision build with this trait and well it rocks. sure my condition damage is about half of what it was before but with a build like this I want to go in the precision traitline anyway to get more crit and to just get it 'for free' in there is a godsend. Take iBerserker or iWarden for example when they are summoned on average they applies 3-5 bleed stacks that's about ~135 - 225 extra dps for a minor trait! That is huge!
The best part is that clones with their shitty damage can still crit, so they can also apply this.It's just a lot of added damage.
So yes, even if you don't have any condition damage at all, this trait is still definitely worth getting.
Also as far as stats go, they scale in a linear fashion. so if you feel your up front damage is lacking because your opponents run with thoughness builds a lot, you can decide to swap some of your gear to add a bit more condition damage. Those bleed stacks will be applied regardless of your gear, just don't give up too much precision gotta have those crits!
Edited by Grubb, 26 September 2012 - 09:34 PM.