it's not max and not even max for being req 7....according to Low req weapons-stats and gallery thread here
http://www.guildwarsguru.com/forum/l...t10440240.html
Req 7 max items do not drop anymore (even if Anet told they were not removed from the game, which means possibly that existing items were not removed and that they actually still could drop) but let's leave this topic..
So the axe is not max dmg fro req 7 NOWADAYS so it's merch + has bad inherent..