I got my first Fabled off a group mob last night(Gotta love it). It dropped in the trade court of LT. It is a staff and has 25 int and some other stats. Damagae rating was 70 though I won't fight with it. The reason its a must have is because it will heal your pet %40 of its health. The recast is kinda slow but I see this as a possible life saver when soloing or off-tanking a mob in a group. It's got a funny name so I don't remember what it was called. Maybe someone else knows.
Heyhey, camped that bloddy named for hours .. had 2 Master Chests drop .. and i never been so disapointed in my life when the fist one did NOT include the staff .. well, the 2. did .. Man, happy to have, saved my life twice already Oovaan, lvl 53 Necromancer
