The huge announcement last week from Blizzard regarding cataclysm was that the currency tab will be cleaned up significantly in Patch 4.0. All of your badges from TBC and emblems from WOTLK, as wel as Stone Keepers Shards and battleground marks will be converted over to the new points system. Basically Emblems of Triumph and Frost will be converted at respcective ratios to the lower level of dungeon points, while all the PvP currency will be converted to the lower level of PvP gear points. Everything lower level will be converted to some amount of gold. While the payoff may not be significant in the long run, the change will finally remove all those confusing levels of emblems and useless badges and so on.
This move fits in with cataclysm's overall reboot theme where things are simplified and streamlined. We already knew that all points in the "lower tier" would already just be marked up to the new lower tier whenever a new raid instance or PvP patch comes out. No longer will you be forced to trade down points or emblems or badges from level to level just to make them useful. For instance, if you have all the triumph gear you can buy, then you have to trade down every emblem 3 times to get to heroism emblems, which can buy heirlooms and epic gems. That will no longer be the case, and thank goodness.
Two things interest me in this scenario. First, will the mounts from WOTLK that were buyable with emblems stay in the game at an oldschool vendor who sells things that now get converted to a point value? The 200 emblem mammoth is not worth the effort to some, but perhaps there will still be an opportunity to buy it later when you have used up all your point purchases and have extra left over.
Second, is it worth it to stock up on your emblems now to buy some heroic-level gear to start cataclysm off with (once you hit level 85)? I wonder if the point conversion rate will be so minimal that even the biggest stockpilers can only get 2-3 pieces of gear at the end of the day. While this means very little market value for people like me that are not bothering to start stockpiling emblems, I kind of hope this is the case. I do not think you should be able to sandbag resources such as emblems and frozen orbs and get unexpected benefits in a later expansion. Frozen Orb vendor was a nice change because it was within the same expansion. I doubt that I feel the same way about grinding your way to cataclysm gear now in WOTLK.
My apologies for not updating more regularly, but it is football season and you know I'm over on Southern College Sports doing my best. So I'm enjoying the doldrums and waitign eagerly for Cataclysm, just like you.