The cost for enchanting mats, already quite low, will probably continue to drop if persons continue to disenchant the craftable greens. The demand for dust is low in comparison to what we saw in Wrath, and adding more dust to the AH won't make the prices go up.
The other effect that a long term supply raise would have is drastically lowering the cost of Volatile Earth. It's a by-product of mining, as well as a direct product of prospecting Pyrite Ore, which you get when you mine Elementium.
The last effect is that this might prompt Blizzard to notice that they are allowing us to vendor reduce green gems for more than cut blue gems. If this were to change, everybody who bought ore above the current minimum price threshold would lose money unless they could figure out a way to move those greens at about the same cost. That would certainly flood the market, though.
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