I hated that achievement as well. Getting 40 turkeys was probably one of the worst experiences I have had in WoW, ever. Though, Thanksgiving and the day after it was easy to get, since the population seemed pretty low.

For my main character, I went for the pet and title. The gold from dailies was less than I could normally get, and I didn't get any rep with factions since my main is exalted already. I love new pets... and I like to complete the events... otherwise, it was kind of meh, from my mains point of view.

As for my ALTS... This event rocked.
The 10% rep bonus was nice for my alts. I'd get that, then do the daily quests, then go off and quest some more.

Being able to burn your cooking to 355 was just great. Many of my alts can now cook well. Not sure if I will do much beyond what they have, but I have started doing a few of the cooking dailies on my alts. Getting my main to that point, was a horrible task. I loved how easy it was this way!

The rep was nice for completing the dailies. The XP/Rep seemed a bit low... Especially for a globtrotting quest... but it was ok, ultimately.

I made probably 60+ gold selling cooking mats and porting people with my mage. I would jump on, and port my girlfriend around and I had a macro that announced that I would port people and sell items.