I was excited to get some decent trinkets from this event, but sadly, it seems like the items are incredibly bad. The item level is worse than even normal 5 mans. This is basically like a questing green.
Hey guys! We're working on a fix at the moment to bring these items to the correct ilvl, which should be ilvl 335 at 120. This fix should also be retroactive, so if you got any of them already no worries :)