Originally Posted by Ancilorn

Well, hopefully this comes as good news. We're actually working on restoring the epic feeling to epic items in Cataclysm. Epic loot should be epic, and something to be very proud of. Our plan is to try and get the Heroic -> Blue Gear and Raid -> Purple Gear balance back.This is further proof that not everything Deathwing does is entirely a bad thing. =) ( Source