Currently in beta at 85 you get 270 honor points for random (which I think may include a first win of the day bonus?).
While that’s much faster than the OP calculated, I do think having even faster honor gains wouldn’t be a bad thing considering the entire content cycle of the entire expansion is taking less than a year. Sets shouldn’t take long to grind when each tier is going to be fairly short.
270h and 100 conquest on first win of the day
40 honor for a loss
750 conquest for a RBG win
I think it would be nice if they removed AV and IOC from the random set and instead added a random epic BG as a second random option with a bonus like we have in retail. Random epics are a lot less annoying to farm an honor set in when you have no gear compared to getting one shot in a 10 man where your team will be more annoyed that you can’t contribute.