daamn long time since last atempt at contributing, ok here goes:
now we all know that on some servers where economy is absolute CRAP, for horde side wool cloth goes up to 5g a stack *cough*haomarush for example *cough*
what i have found myself doing is going on my friend's druid (im not 70 on that realm) and stealthing to stockades in stormwind, soloing it in 10 minutes and jumping out and reseting, usually getting anywhere between 3.5-5 stacks of wool cloth, perfect for quick cash or stupidly expensive low level tailoring levels.
really, its cool, give it a try