This has ALWAYS been the most damaging pierce weapon and has had it on it's swings. The 25 pierce on poleaxe swing isn't something that gets close to unbalancing things. The 25 pierce one swings with 133 reach (less from animations, should be noted) is although maybe a bit unbalancing. Still, it's not that different from a morningstar so I don't see why they should change it back unless they nerf the morningstar too.
Yeah cant see it being unbalanced yet. If it would be people would use goedendag all the day. 117-2h balanced with 25 blunt... so it cant be that awesome.
But its probably good against those fullplatemonsters. Im ok with it.
But i dont agree that its compareable to a morningstar. It´s a secondary mode not a full weapon so morningstars pierce HAS to be way better.