I can do a set of faction dailies, while I sit in queue, run the dungeon and be done everything in roughly 45mins.
Just stop doing dailies or raise an alt without doing any dailies and see how easy it is to gear without them. Sorry your points get wasted, there is an option for that but you don't want to do it, so don't. The gear upgrades not being good enough either is your problem, but you are no longer wasting points. Sorry gearing has changed this expansion.