I never realized how flawed this system was until recently, because I haven't been able to play as much lately. Currently, the only way to get Faction points (to do Faction NMs) is to do levequests.

While the incentive to do leves is there, its simply not enough getting at most 6 or 7 points from each leve.

A Signet system like Conquest in FFXI would be a great addition to boosting the amount of points able to to received.