In the end at lv 70, I want to do a combo of Pve and Pvp. Getting season 1 pvp gear should be easily doable (just need time). Getting S2 or S3 will be much tougher as I need to find a good healer to play with. I think it will be very inefficient to try to heal and dps at the same time.

With regards to PVE, well that should be no problem as I have the pally tank and 4 dps shamen.

I wanted to do instances until nearly 40 for the good gear. I heard and read here that at lv 40, questing becomes faster with just a few instance runs for newer gear as it is needed. Thus I hoped to make the cash I need via instance runs from lv 32 to lv 40 and then get the mounts for my team. Once lv 40 - 42 is reached, hopefully everyone has a mount and I can do quests for the next 30 levels.