Ehhh.. but it's such an awful system. It encourages grinding and farming way too many things. If you want a better version of some trinket in Nighthold you don't just keep killing that boss on Mythic. You do it on Mythic... and heroic... and normal... and then LFR is where the 860 version titanforges up to 915 so it's finally an upgrade. It just shouldn't be like that. Your bracers are 915 and you want 925? Well better start farming the one M+ dungeon that drops the bracers with the best stats...
I just feel like the -forged system has ruined a lot of the new features for me like M+. It should be something that's optional but still drops decentish gear. If the -forged system wasn't in place then it would work precisely as intended: an alternative path to gearing your characters that is not raid related. Raiders will still do them once a week and maybe want to push higher and higher keys for fun, but they wouldn't feel any incentive to grind out a dungeon hoping for 925s simply because they wouldn't drop. M+ gear at the moment is roughly on par with heroic of the current raiding tier. That's perfect for an alternative source of gearing. It isn't too strong so raiders can get the best gear from the activity they need it for but it's very close being only one difficulty tier behind.