The Chests:
I used two chests for this. It appeared as though after repeated runs the chests would stop spawning and I found that using two chests made it possible to switch between two locations to keep the chests popping up.
Chest 1: Trascas Demise
Chest 2: Grenth's Footprint
Because my file hosting is free(Photobucket), I had to cut the next couple images into smaller pieces to get them to upload large enough to see everything....So ignore the sloppy work
The Purple Drops:
Purple Drops 1
Purple Drops 2
This is not all the purples that dropped. It is a compilation of all the purple drops that I deemed as being worth posting. There were a number of drops that dropped with no modifiers at all...and a few that dropped with absolute junk that wasn't even worth 100gold.
The Gold Drops
Gold Drops 1
Gold Drops 2
These are all the Gold Drops. I felt that even if the Golds weren't worth the time cropping and putting onto a single backdrop...you should atleast see the quality of some of the crap that comes out of these chests.
The Superior Runes(The Cash Cows of the Trip)
Superior Runes
I personally believe that out of 100 runs I SHOULD have gotten more Superior Rune drops...but such is life...These are them.
The Unlocks:
Unlocks
This will be important for anyone interested in PvP. I have a good number of the items/upgrades already unlocked. This is simply a screenshot of what I unlocked in my 100 chest run. It's a pretty decent number of unlocks considering the rarity of what I have left to unlock.
Items Not Yet Sold
These are the items that I still have in my inventory that I believe I could get more from personal sale than from the merchant. Most of what I got from the chests I sold to the merchant to save time. I'm sure someone with more time could make a bit more gold doing this if they were willing to sell more of the drops on the open market.
Not Yet Sold
The Result and Afterthoughts
While I don't think this is a very good way to make money I don't believe it's intended purpose is a gold sink. I think it's intended purpose was to more quickly unlock weapon upgrades. As you can see I unlocked a pretty decent number of upgrades. However I did finish the test 14Plat short of what I invested...and I don't believe what I have left in my inventory will make up for that loss in investment capital.
100 Key Result
I do plan on completing this test by running 100 more chests...however I won't be doing it for a couple of nights. I will update this thread when I complete that portion.
Note: There were a number of times I spent a key and nothing came out of the chest. It was most certainly the rare occasion...but be aware that it did and most likely will happen to you at some point.