I've started a new character with the hope to get this title out the way the most efficient way possible, could you please confirm that I have it correct.
Level character to 50/55 without touching a goblin quest, arrive at the pirate cove in Arathi Highland and slaughter Shake's O'Brian and his friends around the campfire until 'Friendly/Honored' with Bloodsail.
Pop down to Bootybay and get a guild member to kill the 2 NPC's for the Avast ye Admiral quest.
Then I will turn in 100's of stacks of cloth with each Goblin NPC's until Neutral with Goblin's.
Then I'm back to where I was only this time free to quest out Vanilla to get revered with the Goblin's then finish grinding them in Tanaris and Ratchet.
Sounds about right logically, this way I'm not 'wasting' time as I'd want to keep the goblin's to exalted while working on 'the beloved'.