Or you could buy an IFS for the same price which has a better ratio, isn't ugly as shit, and weighs 6 less than PB.
TStaff just represents the BiS purchasable. Dps-wise it is comparable to though slightly less than epic (quested - not sellable/REsellable) and stave of shielding. After the patch (whenever that may be), TStaff should be more dps prior to level 60 and even a greater degree of more dps at 60 with triple attack. The two hand damage bonus that close to the sweet spot will be a fairly big bump even before triple attack at 60.
All of the above doesn't factor in the unresistable proc (solid damage) which carries an unresistable stun. The proc is what makes it such an amazing item - solo or group - it adds up to a pretty nice defensive perk to whoever is doing the tanking.
The mob that drops it is common and easy but they are really rare. I like to spend a lot of time in KC - just a fun (yeah it's scrub central) place to hunt and there are always groups to be had. In 4 toons through the 50s I've seen two drop despite hundreds of warlord kills. I'd wager it's more rare than fungis. Yes there are lots of them, but there's also 10s or 100s of thousand plat pieces entering the economy daily. Seafury island alone probably pumps 20-30k in daily.
Lots of TStaffs? Sure - but lots and lots of plat out there. You can make/farm 30-50k easily in the time it would take you to get a TStaff to drop -- and then you have to win the roll ...
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