TLDR: Old spot, good method for hunters <--
Prob posted about the spot XXXX times.
So, having the Converted Hero to be a home for many farmers, (me myself with my DK for example)
The vendor-trash items, grays,greens and frostweave cloth (also the pure gold gained) is rather high, for those that do enjoy monotome grinding combined with a stable gold/farm this is the spot.
Since it dont rely on rare drops or AH prices (well, not the primary gold-giving atleast) I do enjoy this.
With the Volley removal of hunters and reducing the multi-shot, AOE-grinding might not be that optimal.
But if you manage to get yours hands on a Jourmunger (me myself got the ghostly) there is now a Burrow attack, add that with his thunderstomp, and you got yourself a great aoe.
Here is a short vid to just show you how you can use the lovely (imo best tank pet) to farm easy and fast, great for boosting lowlevels (lvl 50s get decent exp here for example)
Its also a damn good spot for tailors to get frostweave.
Hope yah enjoy.