Well worst case scenario, at level 20 you could theoretically have eight of these. However, there are only seven.
So that is a daily use of: Bane, Bestow Curse, Compulsion, Confusion, Conjure Elemental, Polymorph and Slow.
These all look pretty good spells to me. On the other hand, a lot of these are Concentration spells so your unlikely to use them all in the same combat.
On the surface, it doesn't really look like having them not consume a warlock spell slot is going to massively change things.
I think they would mostly be used by warlocks that wanted a more castery experience. Most warlocks would stick to at will invocations, after all that is one of the main attractions of the class. I know that I can't wait for 9th level when I can start Jumping everywhere with my blade lock.