I've asked the farming peeps I know - drops have slowed down since the update it seems, but they're still coming. Even some druidic. So the drop percentage seems lower on average, but isn't gone completely.
It may be a function of the number of players online. Drop rates are all based on probability. If there are more players hunting, like during the 24 hour free-for-all, drop frequencies per time frame tend to go up overall. That said, some of my toons are definitely more lucky than others.
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