While we know that Honor is not going to be reset as we once thought it would be, we do know that all your Arena points will be reset once you reach 71. But for now, both Arena and Honor points are still available to us if we put in some effort, and some rewards are still purchasable with them. The question is, how much time should we invest in them now, and are these rewards worth the time?
You can save Honor points, of course, until you reach level 80, even though everything at that stage will be much more expensive, and you won't be able to buy as much with what you earn today. Is this inflation enough to make you just wait till later to PvP in battlegrounds? Or do you want to hit 80 with us many points stored up as possible? Do any of the current PvP rewards look attractive enough for you to purchase them now instead of waiting?
The Arena is a somewhat simpler proposition. Any points you have will be gone as you start leveling up again, so you have to spend them now. Are they still worth earning? If so, will you spend them on gear? Or will you buy the special PvP gems in order to put them in gear you get later on?