Junkboxes Needed

When you are doing this quest, unlock the junkbox and loot the stuff but leave the cheapest loot behind. This way, you get some of the coin/loot, but you also have the junkbox to turn in.

This quest is the only way to reach exalted with Ravenholdt- one of the factions required for Insane in the Membrane. Each turn in rewards 75 reputation per turn in- or, if you're like me and are part of a guild with the Mr. Popularity perk at rank 2, an average of 82.5 reputation per turn in.

1405 boxes without any reputation buffs
1277 boxes with Mr. Popularity rank 2
1171 boxes with Mr. Popularity and human racial
1081 boxes with Mr. Popularity, human racial, and Wicker Man buff

Happy farming!

Since 4.3, Fahrad (on the balcony) no longer gives you the Junkboxes Needed quest for Ravenholdt reputation. But fret not - there is a new guy in town (well downstairs in the same building to be more specific) named Winstone Wolfe who will offer you the quest in Fahrad's stead. Take your [item=16885] to him, post-haste!

It's also worth noting, that the quest reward [item=25878] is no longer unique! No more tedious hand-in and vend cycles... *cheer!*

For anyone manually pick pocketing the junkboxes themselves (and I was against this for the longest time, but employing a rogue to do my bidding turned out to be too hard in the end) I found the following macro posted by semedori, allowing you to pick pocket simply by mousing over the target and hitting the macro, simultaneously assigning a star above the head of the mob as you do it, so you can work through groups more efficiently:

/cleartarget
/cast [@mouseover] Pick Pocket
/script SetRaidTargetIcon("mouseover",1)