It's vastly superior to mists at any rate. It's a sad day but I'd welcome it back and the droves of fans who leave this game will leave Blizzard scratching their heads. Cataclysm kept me playing for MONTHS and MONTHS on end. The devs just failed to keep a good pace of end game content. Mists had me quit 2 months in regardless of how fast they release raid content.
Dailies were never a cure for boredom. The sad fact is that Blizzard realizes this as well and the minute you take the gear out from behind them NO ONE WOULD DO THEM. Or virtually no one at any rate. Dailies in this expansion would be about as used as Rated bgs which now work under a similar paradigm. Want to cap your conquest points for the week? Do rated bgs. The developers freely admit this. Furthermore according to them they didn't intend to have any valor gear this expansion. So the valor gear behind the vendors is really just a huge obvious carrot because in testing they realized NOBODY WAS DOING FUCKING DAILIES BECAUSE THEY SUCK. So an overwhelming carrot had to be placed behind them. It's such a obvious skinner box.
Do not expect this to change at least until the next expac and at this point I'm keeping my fingers crossed that it will change by then.