BG = Waste of Time... Isn't it?
I was all prepared to spend the weekend AVing. I don't enjoy it, but was going to bite the bullet.
Then I did an analysis for about 4 hours putting together a big spreadsheet of all the stats from every possible upgrade from Heroics, Arena, Honor, and Badges for my ele shammies.
What I found shocked me. Honor is not worth much to me. Badges and arena give you better or equal versions of everything you'd want and in a shorter investment of time. Just losing 10 5v5 arena games each week my guys have about 2500 arena points saved up already and S4 is at least 2 weeks out. Farming badges is simple and makes a lot of money at the same time. Now that PvP belts, boots, and bracers are sold for badges (one season down, but still), why would you BG?
(This assumes that you have heroics on farm and have at least 5 toons to lose in 5v5 arena - 3v3 and 2v2 is doable but would take longer)
Let's take one example where the badge/arena items aren't better, just equal: 25 badges or 9500 honor for the PvP bracer (both one season down). Oh, and you have to get 20 Warsong Gulch Marks, too. Even on AV weekend, I can crank through 5-7 heroics faster than I can build up 9K honor, have a shot at epics, and I get gold too.
Am I missing something?