Thanks to Jayelle for helping me out when my Cane of the Champion was returned to me as a faction bound Idol of Melee. I knew that the drops from Arena Master Ugalf were bugged, but thought my cane would be safe, as it drops from Arzog the Champion. In addition, I turned in my Cloak of Coralsha and Giant's Bone Carved Earring, and received the correct item in return for both, so not all SK loot is bugged.
Oh, and I added this to the bug list a few days ago too.
