I don't believe it!!!
Well actually I do, I read about it some time ago, but Blizztards have removed the king ring.
Thats right, they haven't MOVED it to make room for the Dungeon Journal icon they have REMOVED not only the icon but the functionality of it as well!!!!
It was a god-send when it was introduced in patch 1.10 or whatever it was. My bags were filling up and this gave much needed space.
Now 3 expansions later and not a particularly massive increase in bag space (ignoring guild banks) and they have removed it again!!!
I have put in a petition, I suggest everyone else do as well: