we got one shortly after this post. 5 hours seems to be close to what it is. We took a guys spot over and I assume he killed him right before we took it over. You might be lucky. You might not be. Have fun out there.
The Rusted Longsword dropped from Crumbling Skeleton near Availia. Not sure if it was coincidence but it looked to be carrying a longsword before battle.
Two days of farming. 14-16min PH respawn, I believe the 15% spawn rate mentioned above is quite accurate. Ritual Clobberer is definitely the common drop.
He only spawns at night so you kill the skeleton PHs at night and leave them alone in the day so you dont have to wait for them to spawn when night comes
If you go to Hssyr the Wretch's page here and look at the comments, I've posted the details on this item to include a quick data feed of what the Bleeding proc does.
Level range seems to be 24-26 (seen dark blue, even and yellow at 25, all on numerous occasion).
Skinning yields various qualities of "Bird Skin", as well as "Grazer Meat".
Highest density seen is in the valley just north of the Green tent Rulu camp.
I understand they want to make stuff hard and difficult to obtain, but this isn't just being hard, it's getting a group of people to put some serious time in, so that one person can benefit, that's just wrong.