[Kameron8]

Personally, I'd be all for...

1) Keeping the M cost at 1 but substantially raising the FP cost.
3) Keeping everything the same but putting severe restrictions on it like a Metitate-like cooldown, and not being useable on the same turn as Meditate.

New meditate restores an obscene amount of focus with even marginal will. Keeping it at 1m just means if you can't crush someone with your free movement quickly, you can hop away and meditate until you're all focused up. This base class skill completely outclasses Haunting and Blink, and being able to use it for 1m at any point is going to make it overpowered. Even with 2m, you can still attack 3 times if you crit with fleur on both weapons. Having it cost 3m but refund 1 on a successful Urawaza would also work if lag didn't make quick time events impossible half the time.