I agree that something must be done. Third-Age is the best armour in game; it is meant to be expensive.
Third-Age items (from revs) have the same drop rate as a visages (from dragons) -- unless the visage drop rate has changed.
- Dragons are being buffed again.
- Draconic visages have a 0.1% drop rate on dragons now!
- Dragon's firebreaths fixed (always wear an anti-dragon shield! hehe)
From my experience, Revnants are not much more difficult than Dragons. I'm sure that, if one were to make a comparison, Revnants would be very similar to Dragons in difficulty (ALL things considered).
A visage is worth 2mil (gradually rising, might be 3mil in a few weeks). Third age seems to be on-pace to similar numbers. Players struggle to sell a Third-Mage Top for 10-15mil right now. This suggests that the current prices of all Third-Age items are <15mil and still declining. Items like coifs, hats, helms, and shields must be down to 2mil.
As Mary said, we were already thinking about making Revnants heal.