The log is basically useless because it can't be filtered nor accessed from anywhere but [[Special:Log]] itself. This means that only experienced users knowing the obscurities of the tool can use it.
- Use the page as target, so that log entries show up if you click "View logs for this page" from the history; must be hidden by default, like patrol and review.
- Put the feedback item ID somewhere, maybe recycling the tags, so that one can also see the subset of the log pertaining to a single feedback item. (This would also solve T46371 perfectly but it's not the only way, I suppose.)