Formatting isn't the problem, it's just that your style of writing is hard to understand for me.
No more noise from steps is only active when you activate the item, which could have even longer cooldown that I suggested.
Smaller hitbox works great against bullets and certain skillshots, but does absolutely nothing against AoE abilities and stuff like McGinnis turrets, Ricochet, Tesla Bullets and so on.
Plus, like glass cannon, this item has a downside of reducing your Max HP, and doesn't give you any damage whatsoever. Combined with the fact that every item bought by you is souls and one item lot not spent on something else, buying this makes you lose a lot potential damage in late game to gain survivability. The dreaded combination of Enduring speed, Superior Stamina, Majestic Leap and this item already leaves you without four slots that you could spend on Reducing cooldown, Damage and even HP, as only Majestic leap gives 125 HP to you out of this item. This leaves you without important slots for Unstoppable, Healbane, Leech, and so on. Basically you have no tier 4 Vitality Items if you decide to go full frog build other than flex slots.
Sure, it goes better with some heroes than the others, but it's not the item that would be must have on every hero every game, if you think about the downsides. Buying item like this into AoE-heavy enemy team comp is throwing your souls away. And it is countered by CC, Improved Reach and Punching. Sure you'll be able to Jump around a lot, but that's all you'll be able to do if you buy this when you need something else.