Asherons Call: Srand explains a bit about the loot “changes”

Srand posted to the Turbine Forums an explanation of what exactly went on this month with the loot changes.

There were no explicit changes to the value of loot. Now, before you start arguing with me, read this: there were changes to the underlying system of loot levels to make them better match character level ranges. Since loot level is the primary indicator of value, that’s going to have some effect on value in the field.