But I also wonder about, for example, the Undead.
I imagine these established-race heritage sets are going to have a gradual rollout, with Tauren and Gnomes coming in 8.2 (already have those guys at 120 and exalted with their home factions since probably Wrath of the Lich King.) I'm super-eager to see sets for Draenei (of the original blue flavor,) Worgen, and Goblins. In 8.1, we now have heritage sets for older races - the Blood Elves and Dwarves (of the non-Dark Iron variety.) That's pretty exciting, and also interestingly timed as my next two alts in my grand alt-priority queue to do the new content are, in fact, my Blood Elf and Dwarf characters. While I'll never forgive them for having the Lightforged heritage helmet cut off my paladin's glorious beard, they're generally pretty fun to have.
Beginning with allied races as an incentive to level them up all the way rather than simply race-changing or boosting them, Blizzard released race-themed transmog sets as a sign that you had done just that.