I agree with this. In the 30-35 range, for instance, you can gain a level in an hour by grinding fates. Plus company seals, which you could use to buy company gear - which I'm guessing is on par with dungeon loot.

At best, you can probably do 1 and a 1/2 dungeons during that time, if you don't have to wait in the duty finder. During which, you will definitely not gain a level, and while you may get a couple loot drops, you have the same chance of not getting any.

So yea, make dungeons more rewarding.