The title is a little bit dramatic. While technically true, I could post a thread entitled "FARM COLOR CRYSTALS FOR MILLIONS OF CREDITS!". What I would neglect to mention is that I'd have to do it a LOT of times to earn those crystals.
Still, I checked it out. There was somebody camping him on my first visit. Second visit I took him out (Tele Sage w/Qyzen tanking). Got a nice pair of Orange BoE boots with level 50 mods.
Second and third kills just dropped greens. First kill might have just been good luck.