Personally, I'm of mixed minds....I've had few players have their characters try to use it. And honestly, I'd really prefer that wishes be *more* powerful, but more dangerous to use...maybe they're only invoked by making a bargain with an extraplanar creature or a genie or something, instead of a wizard just casting it.
But I'm from the "old school" that saw wishes as an opportunity to do something extraordinary, but where it was risky to use it, because of what could happen with the wording. A little like making a deal with the devil. I'm not as a big a fan of the spell being able to generate a shopping list of effects.
If you want to wish to be a prince or something, the existing spell really can't help you. But maybe if the player can word the request carefully with a genie, it could be possible.
3E seemed to remove all risk from the spell, and just say "it can do X, Y, and Z, but not B"....and that just sucked all the flavour out of it.
Same as was done with the Polymorph spells. The baby was thrown out with the bathwater. So.....I want to turn my opponent into a donkey. I need a lvl 8 spell for that?
Banshee