Cooldown timers?

Being a FP mage still attached to misting, I would LOVE this skill. Every 60 seconds, I get free haste. It's better than a mount, and it would correspond to my Recovery, which means I can stick it to my macro. Also, you can't attack while on a mount, but you can attack while in Nub Haste. Why not? It'd drastically cut my misting time.

Using what? Mage skills:
MP Max, MP Recovery, 1 Bolt, 10 Armor, Maxed MG, and Maxed Claw.
There's no point in resetting anything, since I need both MP Max and MP Recovery still. Maybe if I ever reach Lv 200, I can reset MP Max back into Armor, but other than that, I don't see the point. And by the time I reach Lv 200, my Reset would have expired and deleted from inventory.

Also, I'd like to know:
If you accidentally put something like the point for Legendary Spirit or Mounting into Nub Haste, would it be stuck there forever?

I think so.