I'll post random notes as I start to figure out how to upgrade my gear for level 130.
There is now teal/incomparable gear for embers barter, 3500 embers as at level 120. They are currently item level 407+ (which means there is a chance it will be a few item levels higher when you extract it). If you get a box but don't extract from it, if they raise the item level as expected sometime after the raid launches, you will benefit from the new item level. If you're running up against the embers cap but aren't ready to decide on gear, you can get some boxes and decide later which pieces you need.
There are guild recipes for a few teal/incomparable items. They need items from the Ithilgalad Crafting Components boxes. The IL 412 recipe needs 10 components and can crit to 414. The IL 420 recipe needs 12 components and can crit to 422.
There are recipes for helms, off-hand weapons, bows, shields, and necklaces.
For some reason, the IL 420 shields and necklaces only require 10 components, so you might as well make them instead of the IL 412 ones.
If you have any Scrolls of Universal Crafting Lore (e.g., from Hobbit Presents), they now stack with the other crafting lore scrolls. Adding Westemnet tools +25%, Westemnet Crafting Lore +14.5%, the crit ingredient +35%, and Universal Crafting Lore +13%, to the base crit rate of 1% gives a total 88.5% crit chance.