Elite 2-4 are a waste of time

I've done a few of these now and for the extra time and effort required for the exact same reward you get in elite 1 they are complete waste of time.

There is absolutely zero benefit for doing these over elite 1, which can be done significantly quicker, with a lower gear level, and a lot less chance of failure.

The rewards needs to be increased significantly to make me queue for these ever again.