"I want my mount I want my mouuuuunt!"I dont think it's confirmed yet. But go to official/PTR forums on battle.net and QQ like hell there. They could listen. If low drop from normal caches its okay. If low drop from 20k one, then FUCK blizzard.
I miss those days when reputations had good gear and guaranteed mount once you hit exalted. Now you get recipes which are mostly useless and nobody cares about, fucking tabard, toys you never use and gear which ALWAYS has lower ilvl than what you already have. Wow. Reps should honestly reward at least 860 items + mount at exalted. Dunno who the fuck designed these.