FFXI methods for Eureka?

Haven't been able to jump into it yet, but from what I'm reading on reddit and here, it seems like the best strategy for Eureka is to form a party and then find a good grinding spot of mobs weak to the party's elemental choice and camp them? Posts on reddit are showing that it is better to chain pull mobs 3-5 levels higher (which would be like FFXI 'Incredibly Tough' ones) instead of mass pulling tons of lower level or same level ones (Easy Prey and Decent Challenge/Even Match).

If we use those terms (for old FFXI players), for those who have tried this 'camp and chain pull IT mobs' method, does it seem to work? What is the best pull method/level range/strategy people have found so far?

I don't have FFXI experience, but this seems to be the optimal strategy.

edit: It's also worth noting exp is greatly diminished if you share in the killing of a mob with non-party members. This may be the case even if your party gets the first hit in, but still trying to nail that part down.

1.) Join an 8 man.
2.) Everyone Go the same element.
3.) Find big mobs weak to that element that are 2-3 levels higher than you.
4.) Kil the mob and when it's almost dead have Ranged DPS pill another one.
5.) Kill that mob and get the chain bonus, range pulls another.
6.) Repeat for nine hours.

This is how you play FFXI and it's also seeming to be the best way for Eureka. After playing around for an hour, I won't be touching that again. Byakko takes 12 minutes for a slightly inferior weapon.

Have a thief sac pull using flee and perfect dodge.