I agree that the current valor system needs more tuning, but saying its worse than WF/TF is hilarious, titanforging was trash and made content useless, hope its gone forever.
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This was never the reason, it was because it put even more restrictions on loot trading, with master loot not existing on top of that, it was a trash experience for every decent guild out there, "sorry, cant trade this bis trinket, it titanforged tehe"