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This drops from Anub'arak in the 10 man Coliseum raid, Trial of the Crusader. He won't be available till the 5th week into the patch.
Seems like this is missing stats or something. The tier chest is clearly better, having two sockets and a set bonus. Of course the tier chest does cost badges, this just drops.
Comparing Chestguard of the Warden with 1 Solid Majestic Zircon
Conquerer's Siegebreaker Breastplate with 1 Solid Majestic Zircon and 1 Enduring Eye of Zuul
-4 Defense Rating
-4 Parry Rating
+60 Dodge Rating
-150 Block Value (3 point diff on Strength factored in)
Most likely a down-grade if you lose your set bonus.
Well, I think it's better than siegebreaker. I meant the tier 9. It's time to phase out your nice siegebreaker set bonuses, unfortunately.
If you're using tier 9 over warden you have
+ the set bonus
This is with a def+stam gem
That being said, it's not a great move to spend emblems of triumph on the 232 chest, so this is a nice holdover until you can find a 245, like the one from 25 man beasts, which even a halfway decent pug can handle.
Fore the Horde!