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I don't understand that "limited supply" thing because I bought the reciepe in IF from a vendor for my husband and not more than 2-3 minutes had passed when my daughter walks in and says "oh buy me one too!!" and I walked right back up to the same vendor and bought it again?
Most limited supply items do not respawn that quickly. I think Blizzard made an exception with this item because they knew everybody would want one and they knew the chaos that would ensue if it only spawned a couple of times a day. Of course, that begs the question of why they made it a limited supply item in the first place. *shrugs*
I'm pretty sure in the last Patch blizzard reduced the cool down on this item respawn. The problem started the first days of the throwing balls release. People were able to sell the recipe for more than a few gold in the first days of its release. Now with it spawning this often the price has dropped to a more reasonable price (as it should have been in the first place) where anyone can afford it.
I hope everyone has enjoyed the fun of using that item. Its a good time. almost as fun as playing frizbie with the wife...but not quite.