The more people farming the faster nodes respawn. Getting to a node before someone else is pure chance... if you miss a titanium node or a frost lotus there will be others.
Keeping that up for hours on end requires "braindead" type of play like you said, so you can watch TV or whatever you'd like to do with your offtime. I mean there are few "enjoyable" ways to make money on wow. Doing heroics can only net you so much... and are they really all that fun? I mean other than a few encounters it's basically DPS, hit heals when you need it and AOE...
As far as money/hour regardless of "tediousness" it breaks up the grind of heroics, dailies, and wintergrasp to make money. Sure as shit beats farming mobs as well which is also pretty brainless.
After coming back i had a lengthy conversation with a GM about things, hes also a multi-boxer and does frequent this forum though he did not give me his username. If i encounter that type of thing i have someone to report it to and make sure something gets done. =D But yes that can be annoying as hell.
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