Griffon's Eye Effect

[Chameleon]

Greetings Lurkers,

Earlier this morning I was playing around with lvl80 Trap Assassin using Lightning and Death Sentry with glee and got into an item discussion with another player.
I was woe to hear that my Griffen's Eye.

Defense: 150-260 (varies)(Base Defense: 50-60)
Required Level: 76
Durability: 20
+100-200 Defense (varies)
+1 To All Skills
+25% Faster Cast Rate
-15-20% To Enemy Lightning Resistance (varies)
+10-15% To Lightning Skill Damage (varies)
(Ladder Only)
(Only Spawns In Patch 1.10 or later)

Does not work with Lightning Sentry or Death Sentry, and that I should switch it to a +2 skills head gear. I need some confirmation on this, as my LCS shows much higher damage while using Griffon's Eye (+15%, -14%) vs rare +2 Assassin Cornet.

If this is true, I am considering switching this to either a Lightning, Chain Lightning and Charged Bolt; Sorceress or a Holy Shock Paladin. With regards to Holy Shock Paladin, will the Griffon's Eye work with ranged attacks.