Well, I haven't been really lucky on nightfalls up until now, and "there's always next week". Plus I got lucky and looted Hawkmoon (the upgraded version) from soloing CE's first chest, so this makes up for it this week.Those potential rewards are too good to pass up though. You should try it with a 3 man team and let 1 person stay in the back at all times in case something goes wrong. Yes, it's tedious.
Only thing I really miss is the rep bonus...