I'd say don't listen to him but I kind of feel the same way about them. But then I've been playing off and on since release. They're something else to do if you haven't burnt out on them.
SWTOR has recurring events. Gree, Bounty Week, Rakghoul. Each has a faction associated with it, reputation to be earned, items to get. They're generally worth it from certain points of view but rarely have anything new to offer. That's changed this time around as 4.0 will bring back items from the one-off events they had (original Rakghoul and a scavenger hunt on Nar Shadaa) that need special currency from the three recurring events to buy.
Conquest is a weekly event that cycles through various achievement-like tasks to gain points. Ostensibly your guild (if it has a ship) is "conquering" a planet. Hit a certain point total, get credits, scrap currency for the jawas to get mats, and some material furniture for your stronghold. If you're in a guild in the top 10 point totals for a planet you get more credits, more jawa scrap, more mat furniture, and an item your guild needs to unlock more parts of the ship.
