Quote Originally Posted by Wubsie View Post
Gear still matters. The factor at which it matters is down-scaled a bit, but gaining gear still is intended to make you grow stronger in comparison to your surroundings. The change, according to Blizz, is only meant to slow down the rate at which your power level rises compared to the world over the course of the expansion:
It seems to be working out as they planned. Basically its stopping the uber-geared from one shotting all the quest mobs.

My mildly-geared hunter team is not noticing any increase at all, only my highly geared pali team notices. They should have just put this in the patch notes.