I believe it was late last year that the new loot got rolled out 100%.
I know killing Balrons in fel (1000 luck bonus, or so they say) gives a few items an hour worth at least thinking about keeping, even with 0 luck on the suit. Same for greater dragons. Granted, most of it I don't actually keep... but I think about it.
It's hard to "farm" champs/peerless, but even lousy champs (I'm lookin at you Baracoon) have a reasonable chance to give decent loot, especially if you were to swap into a big luck suit for the killing hits.