I might consider it for a feat, but in all honesty, if it costs a feat then one could take Improved Initiative and get a +4 Initiative, which is typical of what a lower level character with an 18/19 score might have anyway.
However, there are a couple feats (for Deva and Fighter in Dragon Magazine) that allow you to substitute your Wis Bonus for your Dex bonus for Initiative. I suppose it's not completely unreasonable.
However, there are a couple feats (for Deva and Fighter in Dragon Magazine) that allow you to substitute your Wis Bonus for your Dex bonus for Initiative. I suppose it's not completely unreasonable.