It might be the best that ever happened for PvP but not for PvM. It did KILL monster loot. Even if you find an item with a good mod - it is not EX made and limited by total intensity. You can craft/imbue more powerful than you can ever find.Here's the deal for me. The ONLY reason I returned to UO is simply because of imbuing. I do not have the time, energy, or patience, to sit down all day and farm monsters for a .000001% chance that an item with the proper intensity of mods drops on an item. Imbuing gives someone like me the chance to get good items and play the game to have fun NOT as a job. Honestly imbuing should have been added about 7 years ago when AoS turned UO into an item grind, but better late than never i suppose.
And honestly, thanks to imbuing I pay MORE attention to what drops from a monster. Some mods are difficult to make: MR2, LMC, FC, FCR. If i find a ring on a monster with FC you can be sure I'm going to snatch that thing up quick. Same with max LMC. High intensity items still sell for a good price SIMPLY because of the durability. Imbued jewels have durability, unimbued jewels do not. Chances are good people will be chomping at the bit to buy a ring or bracelet they will never have to repair.
Imbuing is the best thing that could have ever happened to this game. And SA is the second best thing.
Some rings/braces may be useful to save ingredients but no weapon or armor is worthwhile. None.
The only serious PvM anymore is for artifacts (Navery, Renowns etc) and special ingrdients to imbue. You can go hunt blood elementals any time of the day. They are never camped like they used to be. Gold is meaningless and so is the loot.
Don't forget that more than 50% of the people who play this game are PvMers. They just don't cry about issues like the PvP crowd does.
I'm pretty tired of the gimme gimme gimme attitude from the PvP crowd. They do NOT want to work for anything.
Once again - there should be a permenant test shard for PvP. You can have unlimited resources and craft anything you like without needing to PvM for one second. It is what you want and will make you happy.
Leave the rest of us to enjoying the success of something earned. Imbuing took that away.
The joy of finding a taming +12 3/1 ring is gone..... You can make one any day of the week. Boring.