This means that, rather than spending your valor, your best bet is likely to do your best to reach the valor cap in the time between now and the arrival of patch 5.2. The estimated date of this has also been pushed back from Bashiok's original projection of the last week in February, to an approximation of three weeks from now. This would put the release date at around March 6th, giving players three weeks to earn as much valor as possible to carry forward into patch 5.2. Bashiok also chimed in, saying that the new valor gear will begin to be available from Neutral reputation with the new faction.
Notably, PvP points will continue to be reset as usual. The remainder of Zarhym's post is after the break.