Unwaking Waters

Would vanquishing it give luxon faction or kuzzick?

Part of the Jade Sea - thus Luxy.
http://wiki.guildwars.com/wiki/The_Jade_Sea

By sounds of the update notes, it depends on how controls the area (only area that acts like this though). If I am wrong, then it would give Luxon.

The reward faction at the end will be of the respective Faction you are Vanquishing in. So Unwaking Waters is Luxon.

It doesn't matter were the Alliance Battle border is located.

Check this thread.

You had me intrigued there for a moment!
That's the mission not the Vanquish.

Having done it yesterday I can say I got Luxy points. (It didn't even hit me that the border might play a role ... Luckily, as Ardy pointed out, it doesn't.)

I think its luxon faction for succeeding. Would be funny if it was controlled by kurzicks, and you had that bounty, and then succeeded in vanquishing and got a bunch of both faction for winning.

oops my mistake - I misread the op - removed by author

Yes, but this thread is about vanquishing.
When you vanquish it, you get Luxon BONUS.

Yes, currently you get Kurz factions with the priest's blessing and a Lux bonus for completing the vq. Then you get to decide which you are going to turn in and which you are going to waste.

Yep I got Luxan bonus when I VQed it.

Side note:

How can you gain access to that gate at the bottom of that area?

Question: I may have misread a few posts, but Is there a time limit on vanquishes. Or is the amount of faction reward proportionate to the time it takes to vq an area?

AFAIK, Faction is rewarded per kill, nothing to do with how long it takes.

Good, thats what i thought. I dont know how i gathered that time was a factor.