Not quite. After your comment here I even went out and tested it, and I'm able to loot mobs in the 35-40 yard range.
This. In addition, the Boon of the Bloodhunter shoulder enchant that is available from the Wardens gives a chance of Bloodhunter's Quarry dropping off random mobs, which contain 1-5 Blood of Sargeras. Gatherers are certainly at an advantage, but there are multiple ways of obtaining them for non-gatherers as well. For me, it's not something I'm worried about.
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