It still works this way (although I don't know anyone who would dismantle a LG consumable). but every epic up to L100 works this way, although, as Nore said, occaionally you get a tier 1 higher than the item actually takes to make. So it's always at least what you need to make, sometimes you get a little extra
P.S. For anyone else reading, make sure you realize this is about consumables, NOT actual epic items!!