Sometimes, but I think they rely more upon the Galleon chat channel and the !galleon addon. People aren't going out of their way to do camp Galleon anymore since it's just 496 gear.
Oondasta will change that. He'll drop 528 gear, whereas Normal is only 522.
Also of note, Galleon will have a much more frequent spawn timer in 5.2.
Oh I wasn't aware of the galleon chat channel. Thanks.