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Quagmiran's eye is still extremely powerful. ~2.5% casting speed increase for fireballs and another 37 spell damage. 2.5% is converted into 2.5X20.5=51.25 damage with my gear (in terms of DPS, not DPM), which makes it very powerful.
However eye of magtheridon for a frost mage would be better than both trinkets, but for a fire mage you're very likely to get geared up a bit and have more than enough hit to make the eye of magtheridon too weak to equip, or at least too weak to spend DKP on to use instead of icon of the silver cresent. Of course if you prefer get raid loot and not spend time in heroics, then it may be different for you (scryer's bloodgem and the sha'tar revered trinekts are kinda weaker than all other trinkets I mentioned so far), but you need to do a lot of heroics anyway if you're into maximizing your ability (which is probably why you came here in the first place).
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