If he's worried about the price, I think it's safe to say that it'll rise rather than drop, especially in the long run. It might go down just a little in the first half of Kunark, but it will also become increasingly rare as time goes on, and eventually it will become one of those items you see for sale once a month at 300k.
It certainly does become less useful, but it's still nice to have around, especially on a druid who can port back to use it when soloing. I wouldn't want them to do it while grouped in a dungeon or something; it works in theory, but these stories of a druid and cleric porting out to manastone up and then gating back? Sounds like a recipe for letting the rest of the group wipe while they're gone. I'd rather that they med up the old-fashioned way if they were in my group. Any content intensive enough to make a healer consider doing that is the kind of content where I don't want the healer to disappear for minutes at a time.
Also, consider what he's giving up: a status symbol and situationally useful tool that no longer drops. What's he gonna buy? GEBs and shit like that? Seems stupid. Maybe if it was a rubicite breastplate which is entirely replacable in Kunark. Nothing replaces manastone, even though its uses become limited.
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