It's probably worth somebody investigating a more short-hand notation for this kind of task. However, I feel compelled to say that I've never found the syntax

It's probably worth somebody investigating a more short-hand notation for this kind of task. However, I feel compelled to say that I've never found the syntax which is commonly used to typeset equations with LaTeX to be all that complicated. When I was first learning it, I remember repeatedly thinking to myself, "This is it? This really isn't so bad!" Furthermore, the thing I like about LaTeX is that the syntax is very extensible. You can easily add more directives or macros and there are really only a few syntactic constructs that you can use to represent them. If I'm not mistaken, AsciiMath's approach requires that more specialized syntax would be needed when adding more features.