You are misinformed. To get anything from Nalak, Oondasta and heroic scenarios - you should be much more than child of Fortune itself. Especially scenarios - chance to get 516 itself is like 0,0..01, and then it should happen to be for slot you need. Which makes this grind for some particular slot to be much longer than eternity. Head from scenarios is also excluded, because it has no meta socket.
So... even if you happened to be better than child of Fortune and grinded millions of dailies for old VP gear, that leaves you with ilvl 519.46, which is basically twice less powerful than 541. I wouldn't call it as anything even remotely close to be another progression path.
If another progression path is to be linked with gear, it should allow you to get as high as 541 gear. Otherwise it isn't progression path, rather some time sink which ends you with things which are submediocre at best, most of progression still being pigeon-holed into raiding.
---------- Post added 2013-06-14 at 01:52 AM ----------
I am playing one of first MMORPGs now, which had no level cap. You always had something to aim for. Currently in WoW (and it's clones), everything is pigeon-holed in raiding activity, so once you reach lv90 (which is mostly passive process), and can't raid for this or other reason, your progress ends here. RNG bound with submediocre gear as basis of progress isn't really enticing, even D3 developers got that and introduced Paragon Levels.