We've made slight adjustments to the Valor Point (VP) drops on the 4.3 PTR which testers can now see. In both 10- and 25-player raids, bosses will now drop 100 VP each (down from 115 and 135 respectively). We’ll also be changing Firelands raid bosses to drop 50 VP per kill upon release of the patch.
This change is being made to further emphasize the desire to kill bosses for the items they drop. In the 4.3 raid, tier sets can only be earned from boss drops, and as Raid Finder will allow for just about anyone to get a chance to kill bosses, we think there will be less need for Valor overall. We want to try to match the lower desire for VP with a slightly slower acquisition rate.
Argh, I'm already looking back into gear. This doesn't sound good for soloers, who could bag three tiered pieces without ever raiding in T12. I hope the LFR tool is as good as they hope, though that would greatly de-emphasize the importance of guilds.
Eridan's comment pretty much sums what I'm thinking/afraid of:
I think you may be vastly overestimating how well the Raid Finder is going to work when you're making these plans. Right now it mostly seems to be allowing people to wipe on Morchok once or twice before the calls of "U ALL BADS" and the ragequits begin.
That won't be any fun at all. You might say, "Join a guild!" but honestly, I just want to solo as much as possible to ensure I'm geared well enough for a few PUG/PUR runs. Not needing a guild to raid would be nice. Kills the mystique of raiding a bit though, I think. Will be interesting to see if LFR works well or not and how it'll affect the game's feel.
So it looks like, if, say, you're a druid who hasn't played since July, that the gear you're hunting is exactly the same as it was when you quit when it comes to valor points. I'd really hoped my old VP had magically appreciated a little. New gear is out there, but it's only from bosses.