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We went and got
Jacedic his Dreadsteed tonight. We had a group of 5, there was me on
Gomorra,
Axeelina, another Warrior
Oneilly,
Jacedic and another Warlock
Jarh. Three Warlocks, some major DPS :). All the Warlocks were Demon spec so we all had Felguards. It was the smoothest Dreadsteed run I have ever done :). We went in and disabled the 5 pylons to drop the shield around Immol'thar, then killed him and set up the circle.
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I had to keep the 3 elements going while helping to fight all the demons that come into the circle and there are a lot of them. It seems like it goes on for hours but it can't be any more than 10 minutes, I am not sure, I have never timed it. Once we had the portal complete we got patched up and summoned the Dreadsteed.
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While you are fighting the Dreadsteed (You have to kill it when it comes through) a Dreadguard (The Dreadsteeds Master) also comes through and you have to kill him too. I can not believe we not only did not wipe during setting up the circle we did not even have a death. Once
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the Dreadsteed and Dreadguard were dead
Jacedic talked to the Dreadsteeds spirit and got his mount :). This whole quest takes place in Dire Maul West, an instance on Kalimdor. Once again it was the smoothest run I ever had.