Adds a few dozen new modifiers for loot, mostly for weapons. These include new skills, status application effects, range and AP modifiers for weapons, and major AP modification for chest armor. The mod also adds many new random names that epic and rare items can receive (again, mostly for weapons, but also some other item types, especially rings and amulets). Note: if a weapon says it will apply a positive status, then it applies it to the user of the weapon.
Credit to Mialune for image (though could be more appropriate, lol. Open for suggestions or free icons ;)