It is useless as a weapon and is not a quest item so why? Originally, The Hole was a very difficult zone to survive in so after doing all the hard work of getting through the zone and finding a piece of gear, you shouldn't find junk that is even less useful than your newbie weapon. I can imagine the conversation among level 50 players after a hard fight. Okay, who wants to roll for this 2/30 sword? *crickets*.