RIP in peace, LFR. Blizzard really seem to not want people in there in WoD.
Well with the 50% chance to get loot from an LFR boss, it looks like Blizzard intends you to only need to run a tier 2 or 3 times on a toon and be fully decked out in LFR gear. I don't see how that's "not wanting people there".
The point is to keep the rewards to the organized raiding to encourage people doing it, and have LFR as a way to see the content and still get some gear quickly. I think the new group finder will be really legit and more people than ever will be able to hop in normal (currently called flex).