You can repeatedly do CoM reports to grind epic faction, you can repeatedly do the first step of the epic to grind faction (i.e. get a tiny gem and hand it in to the shaman in North Freeport; this is faster if you have a buddy to port you or if you're firepot-bound), you can repeatedly do the part in the Rathe Mountains. Different people vouch for different methods. The CoM method is nice because you get to EXP while doing it, but it can take a while. The other methods are more tedious but may be somewhat faster.
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