Players brought up the question, if honor rewards would be going up in prices because they seem to be ridiculously easy to obtain in comparison to what it used to mean to gain Rank 14.
2 Days ago Drysc replied to this matter:
"More than likely the prices will be adjusted for the current honor rewards sometime after the expansion releases to reflect their 'value' more appropriately when compared to expansion items.
That would mean the prices would be going down though, not up." – Drysc
This is the reason most players are somewhat startled to hear that the total Honor Gain has been reduced to 30%. Nethaera has posted some information on this matter.
"Now that the Before the Storm content patch has been live for the past week, we’ve had a better opportunity to track the rate at which players are accumulating honor, and subsequently how easy it's been to obtain honor rewards. In gauging these elements, we've determined that the effort required to obtain honor rewards is more trivial than we had intended. As a result, during today's maintenance we’ve applied a hotfix that reduced the amount of honor gained by approximately 30%. This change allows the honor rewards to be obtained at rate that better reflects the item’s in-game value.
The reason that we decided to reduce the rate of honor gain rather than simply raise the honor cost of each item, is to ensure that everyone’s time and effort participating in PvP since the patch is not diminished. As this change will only affect future honor accumulation." – Nethaera
If You ask me its not that bad of a change, since the Rank 14 are still much easier to obtain than before the introduction of the new honor system. Good Luck with your farming.