Wondering what exactly happens when you get exalted with the Netherwing faction to get that neat flying drake? Joni of Malygos has done the grind on the test realm and has some information for all would-be dragonriders.
After pretending to work for (and sabotaging) the Fel Orcs, she had to race six netherdrakes at honored reputation. On the way to exalted, she could complete 9 daily quests for reputation with the Netherwing. Finally, she hit exalted and got her "reward" from the Fel Orcs ... a personal audience with Illidan. Oops. Looks like those magical eyes can see through your disguise, and you'd be pretty much boned if the Netherwings didn't come down and save you.
Joni ended up being flown to Shattrath and getting to pick a free netherdrake from a number of available colors. The questline also gave her a nice trinket that summons a netherwhelp as a combat pet! She says the grind will take a non-human about two weeks if you do all the daily quests each day, and she plans on writing up a Netherwing guide to help those of us who are a little less motivated to do the whole thing on the PTR. Congratulations, Joni, and may you fly your dragon proudly through the skies of the test realm.