I agree with you on both counts, Chip.
Gods is tuned well considering it's on tier. It provides a nice challenge that can't be found in the other operations at the moment. That said, every other operation has received a nerf at some point. Due to it's current difficulty, Gods has been largely inaccessible, even to those who have done everything else. It seems logical to make it easier when 6.0 and the new op roll out. As far as the title goes, it only makes sense to remove it. No other nightmare op has had a last boss title after it's been nerfed. The timed title will still be around if people want a Gods title post-nerf.