SoO will be really effin hard to do with 471 ilevel, I imagine you will be using your timeless gear more than you think. The reason I say this is because some classes perform horribly at 471 ilevel just based off seeing what people do during Challenge Modes (463 ilevel). The best classes will manage roughly 200k Burst AoE dps, and that's about as high as anyone will pull using nothing but 471 gear. Single target dps will be a shit show for all melee classes.
Normal mode shouldn't be too bad though. I honestly believe normal mode is the extent to which this test can work. 14/14 Heroic in 471 gear is not possible.
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On AoE yes many classes can hit 120-150k on their AoE using all CDs and Hero/Lust. You're lying if you say you can pull that whenever you want on any boss.
In SSB the final boss (requiring very little movement if you are initially positioned correctly) popping everything the most I've seen bursting is 150k which gradually goes down to roughly 80k-90k (keep in mind that is over the course of 60-90 seconds). Dps would drop much more if the fight went on for another 3:30-4:00 minutes (I estimate 60-70k).
If you have 3-4 other dps with you that burst 100k+ with you then yes you're dps will be higher (probably 100k+) because the fight was over quicker, but you cannot pull 120k-150k just because you felt like it. Certain CDs and player skills need to match up in the group for you to do that.
The 2nd way to gimp the system (recount or skada) is to make a nice AoE pull to pad your numbers and pull the boss instantly w/o dropping combat that way all the damage you did from the trash gets carried over into the boss fight. That's how you see people running WR times pulling 200k+ on boss fights. They just don't drop combat from the trash packs, but they aren't really pulling 200k in 463 gear.
Sources: 9/9 Gold xp