The big problem with LFR is that once you have done it once you get nothing for doing it again. Compare to LFG, where people that outgear it still do it to get Valor.
So once you outgear the LFR, you wont ever do it again. If you still need valor, you will go to dungeons - faster and easier.
What this will mean is that EVERYONE there will be needing gear, so in the case of the coveted tokens you will -always- be rolling against 8+ people for them.
At least in Baradin you are only rolling against your class (PVE), and there are lots of people that are only there for either pvp or pve exclusively, further reducing the competition for gear.
What needs to happen is they need to just add extra valor badges as rewards, only after the first completion, so that higher geared people will be encouraged to run it for the Valor more than once, and lesser geared people wont have such a hard time getting loot.
Furthering this idea, the LFR is -fun-. It is much funner than most of the LFG dungeons, and they are aimed at the same casual gamer, so why not allow people to run them more than once, and actually get something out of it?