I have found 2 set items. One being IK gloves on profile. The other a chant wand thing.

I have heard of these "increased legendary drops" haven't seen it yet lol. I think 2 in the last 3 weeks at least. Just my luck in the random game i guess. sigh

I really believe that MF really increases the amount of legendaries that drop. When I'm on my monk who has close to 400% MF on mplvl 2, I regularly find at least one, sometimes two legendaries a run. But when I switch over to barbarian or wizard who have barely any, I rarely see them drop. So if you have barely any, that could possibly be the reason.

Although I did find a BK weapon earlier today on my wizard which was pretty sweet.

Posted by NightCrawler9 at 10/24/2012 12:09 AM

I really believe that MF really increases the amount of legendaries that drop.

This. When a mob dies, the first check is whether or not it will drop loot. If it will drop loot, then it will first check to see if the item is going to be a legendary/set item. This is what @NightCrawler9 is saying about noticing a difference between different levels of MF. If it does not pass the legendary/set check, then it next tries to roll for a 6-prop. rare, followed by 5-prop. rare, etc... So, at higher MF levels, your rare iLevel 63 armor piece has a better chance of rolling 6 properties than someone else's iLevel 63 armor with lower MF.

You can read this information here.