In the Vanilla version of Diablo 3, I would frequently find gear that had an effect of increasing the percentage chance to find magical items. Well I took a long break from the game, but returned after patch 2.0 changed the loot system dramatically. Upon coming back and playing for a couple weeks, I have yet to encounter a single piece of rare loot containing an additional chance to find magical items. I see plenty of effects for additional gold find and experience, but not magic find.
I did however see someone get a legendary that increased the chances of finding magic items dramatically, so I know it is not totally gone from the game, and helmets can still be socketed with a topaz to increases chances. Have they just severely lowered the chance of this effect?