No, I suspect the "adjustment" to his spawn was to remove the 0 from the 50% chance to drop the PKT. He drops it something like 1 in 20 times now and this was obviously done to compensate for the several months when he dropped 2-3 a day. Bilge also seems to be a bit rarer which only further complicates things.
If you remember, PKTs ended up dropping to 6-8k when the Reed Belt was still around 4-5k. They should have been 2-3 times that and are actually going for more like 4-5 times the belt's value ATM. It's much more likely that a person will find 4-5 reed belts, sell them, and buy a PKT before killing Bilge and looting one. Kind of sad considering the PKT's price wont ever climb high enough to match it's rarity at this drop rate.
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