So uhm.. does anyone ever use overwhelming presence?

The difference between these perks are the following

Overwhelming Presence

• All items are only affected when they're using their item inside the Killer's Terror Radius. That means Survivors can counter this perk already by not using their item.

Note: This perk works well with Distressing. Killers that can use these perks at a better extend are Wesker and Doctor with purple and yellow Calm Add-Ons.

My suggested changes:

1. Make items inside the Killer's Terror Radius deplete exponentially until it hits a certain threshold. Let's say, only depletes the item until the item reaches 30/40/50% of its charges. Survivors that use their item inside the Killer's Terror Radius depletes their item by 100%. The item's Add-Ons are less effective.
2. Survivors inside the Killer's Terror Radius takes time to use their item. Let's say someone is using a flashlight to blind you. It takes time to turn on their flashlight, so they have to change their timing before they can blind you.
3. @Marc_go_solo suggestion.

Lightborn

• Only counters Blind effects. Flashlight, Flashbang, Firecrackers and Blast Mine.
• Gives you the survivor's aura who blinded you.

Note: Distortion screws up Lightborn. Can't be paired with Chucky's perk Hex: Two Can Play.

Franklin's Demise

• You have to basic attack survivors to drop their items.
• Survivors don't have their item with them anymore unless they have to pick them up which also wastes time.
• The item they dropped are fully depleted within 90 seconds.
• You can see the item that's dropped.

Note: This perk is best combined with Hoarder. It gives you a notification when they pick up their dropped item.

Franklin's Demise, is still, in my opinion, the best perk.