I have this dagger on my 60 rogue. With Mace of focused flame ( 1h blunt quest item in Natimbi ) and that dagger, i am lethal lol.....a lethal halfling lol.
its decent, however at 50 its only an 11 damage dagger which really isnt that good... but its in my main hand. it was pretty cheap on saryrn thanks to the annoying level requiremnts
I don't think so, there is a lower delay, higher dmg weapon with a dmg bonus of 12 and AC and HPs, no, lvl60 is ok for it, though would wish lower lvl restrictions in your case too ;)
But this would give the people fewer reasons to lvl up and keep the level machinery rolling