Si (he's my bro!!) give it another go, its changed a fair amount now.
Crafting has become very nice now, they introduced bind on account item plans, so you can actually craft up some decent stuff, that is usable. Elites, rares, goblins, bosses and resplendent chests can now drop a "demonic essence" that you can then use to craft these items. I think my ammu, bracer and shoulders are crafted, but I could also do the gloves etc.
WD is pretty uber when equipped correctly and fortunately for you the AH prices on anything other than almost perfect rolls are very cheap, so you can get some "good enough to farm higher mp" for not much cash.
You still get a lot of junk Legi's but as said before, you also get crafting materials now that can also be used for items.
This new patch, with all its awsome monster density changes also made it much more group friendly. You will now get a MF\GF\EXP boost I believe for each player in the group and they removed the caps on them so if no ones online just join public groups etc.
As an example im farming on act 1 now, I do 3 maps + any associated dungeons in those maps that might spawn and I usually pickup 2 legi per run. Last night on 1 run I had 5 drop. OK im paragon 100, so my MF is high, but youll still see plenty of drops now. This was on MP8, I can do 10 but I get crazy killing streaks on 8 and the runs are faster.