YES! When an equipped item's box is highlighted in red, it is in danger of shattering if you continue to use it!
My Samurai is currently using, perhaps an identical 2-handed Great sword. It blesses up quite nicely, and packs a good WOLLUP!! However, I didn't notice what the downside is. I haven't noticed any loss of hit points, so I'll hafta look when we go out exterminatin' them crazy critters out on the Gael Serran.
+Dr.Pick
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