I will not correct someone's 'baited breath' in someone else's… - Melodramatic, corsetted mistress of the obscure — LiveJournal
Yeah, once I manage to connect it to that Shakespeare quote (Merchant of Venice I think), I think it'll be ingrained in my brain. I need context for my words... ;) The problem is for most people, probably, that the word in itself is not used any more. Even 'abated' fell out of use.
I think I still use it for wind (not until the wind abates a bit) but I might be a bit weird. ;P