I just went on my mage to check her auctions and all of her enchanting auctions sold within the 12 hour slot! So that is very good for sure. So this is the amount of gold she had, 30 gold. And now I have 73 gold. So my profit was 43 gold, which seems ok for low level enchanting items. However though, these mats were collected out of randomness board times by running the same instance over and over again. For a high level who wants quick cash I would say go for it, lowbies though will not be able to do this unless a high level runs them through repeatedly or you go in constant groups. Trust me I know level 70s have better ways to spend their time and get gold, but I wanted to throw this experiment out there.
A good thing to keep note of though, the higher the items are that are disenchanted the more money you will make. So starting out it will take some time, but at higher level you can make a decent income.
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