Sunday I completed my 39th burner offer and got my 4th Faction drop.
Of the four, two are reasonably lucrative at ~80-120M isk each. One at about 10M isk, and some ammo at 80k isk for the stack.
So, if you're wondering -- Faction drops do happen, and sometimes it's cool stuff. Good luck!
What's Playing: Scala & Kolancy Brothers, Everlong (Cover of Foo Fighters)