We've listened to your feedback and continue to make changes to the Loot Wheel. So far we've:
Phase 1: Removed almost all of the garbage items (shields and potion packs...ewww)
Phase 2: added to fast spin, 10 spin, jackpot and removed the 1-day life stealer
What would you like to see in phase 3? Post your suggestions and Loot Wheel feedback here.