Q:
What exactly does Magic Find do?
It improves drops.
or so the theory goes …
I have yet to notice any difference. I have had crap drops with MF and good drops without it. I think the map and your toon level factor much more in the quality of drops than any MF boost…
The official response was in a thread about the drop rate of precursors for legendaries. But MF only affects the loot generated by killing a monster. It does not affect the loot generated by chests when you open them nor does it affect loots bags when you open them. It also does not affect the Mystic Toilet or salvaging. You can probably find the answer Lindsey gave in the Crafting section.
Master of all Professions
sPvP Rank Dragon – 8 Champ Titles – Ruby Division
Ignore people who think MF does nothing.
Both myself and every one of my guildees who bought MF armor have noticed a huge increase in the number of yellows dropped from the tunnel.
It works magic.
“Whose Charr is this?”- “Ted’s.”
“Who’s Ted?”- “Ted’s dead, baby. Ted’s dead.”