I am gonna disagree here... the dmg mod is the most desireable with a respectable 12%... the Enchanting breaks the 15% barrier which is very good as well. The 12 req. is bad but I think the worst thing about it is the type of axe it is. I still think it is worth at least 10k though. Might take you some time in the Trade channel but I can see someone springing for it at 10-15k.