FAIL! You have to farm late game inferno to get good stuff in D3. Anytime a game makes me FARM for "interesting" loot it will be shelved relatively quick.
Your honor, I rest my case.
Pretty sure he said you farm late inferno to get upgrades, not "interesting" loot. The really interesting stuff are the new legendaries, and the lower level ones drop quite a bit now actually. (They increased the drop rate for lower level legendaries significantly.)