Belt of the Great Turtle... Why?

[fuark]

I've been trying to wrap my head around the 100k price tag on Belt of the Great Turtle. The 2 hp regen is (imo) meaningless and the 10 atk is as useful as clicking a goblin skull earring. It's not even a fashion quest item.

Is this the most overpriced item on the server? I can't think of a real reason to purchase it over a spider fur belt or RBG. If you have the money to waste on the belt, why not waste it on the plethora of more useful expensive items in the 100-300k range?

Especially for rogues, I'd always rather use a Lodi shield on my back slot for resists, a Tranix crown on my head for resists, and use the belt slot (which has little resist options) for something like an RBG, RBB, or Seahorse belt to reduce BS cooldown during raid fights.

What am I missing?