You need to consider Blizzard's reputation grinds along a temporal axis. Head enchants were removed from reputation grinds because they were required across all tiers of raiding -- a fresh level 85 gearing up for Dragon Soul felt compelled to grind reputation for their spec's head enchant because it was an increase in power that was expected and had no alternative source.
All of the other 359 epic and 346 rare gear tied to reputation grinds became irrelevant as soon as Firelands came out. Why? It was faster to gear up via crafted gear which was more readily available.
The heartache you describe with Mists of Pandaria faction grinds will be relevant for the entry tier of raiding. As soon as people reach maximum profession levels, the need to grind out a MoP faction will diminish because there is an alternative. I'm pretty sure once tier 15 comes out, you won't be telling your fresh level 90s to grind out factions -- you will tell them to get enough crafted gear or BoEs to qualify for tier 14 LFR.
-HP


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