Quite a few players were either confused, or concerned about how this new disenchant option was going to work, so Bornakk took some time today to post an explanation from the design team on exactly how it will function.
The good news for those of you that are enchanters is that you're not being replaced by a UI option; it'll only be there if you're there too. If no one in the group can disenchant, then the option won't be available.
Check out the full post below.
Quote from: Bornakk (Source)
As we mentioned in the recent post explaining the new Dungeon System,
disenchanting will work a little differently in all 5 player and raid
dungeons when patch 3.3 is released. We have seen a consistent pattern
where players eventually need very few items from dungeons and they
result to disenchanting as much of the loot as possible since those
materials that can be obtained continue to have a lot of worth.
When the new Dungeon System is launched, the default user interface
will give players the option to automatically disenchant items that
they obtain in 5 player and raid dungeons. This option will avoid the
hassle of having items picked up by an enchanter first to redistributed
later and overall will make the process much smoother.
Also, with the inclusion of cross-realm-instancing in the
dungeon system, there will be restrictions on trading items similar to
the restrictions that are currently active in Battlegrounds. If the
Dungeon System is used to complete a group for a dungeon then
non-temporary items will not be able to be traded in the instance. This
makes it so items like enchanting materials will not be able to be
traded in the dungeon and using the new user interface option will be
the only way to distribute disenchants. There will be some exceptions
to this restriction though as Bind-on-Pickup items will continue to be
trade-able to those present for the kill for a short duration and
completely pre-formed groups that don’t use the Dungeon System to form
the group will still allow trades.
To maintain the importance of the profession itself, the
disenchanting UI option will only be available for groups that have a
character with the necessary level of Enchanting to disenchant the
items that are obtained.
We are very excited about the upcoming improvements in the new
Dungeon System and don’t forget to check out the full preview here for
all the details: http://forums.worldofwarcraft.com/thread.html?topicId=20677771774&sid=1