Beyond nostalgia, it was disappointing to get one of these. It's a shame that this is so crap in today's EQ in 2008. I wish they revamped these at least a bit, like making the focus effect meet the level of the players who kill these mobs. The stats are sad as it is already, you get better item at lvl 20 with a simple quest in TSS expansion.
I guess its saving throw is that it's not level restricted, so it works as a twink item. But that also means those who bother to camp these are people who'd rather spend time twinking lowbies than doing simple quests to get better items in later expansions.
Overall, not worth the effort now. I know this is hardly the only item of its kind, but nonetheless I felt a deep sense of sadness today as I happen to loot one of these.