The end of an Era has come. Magic is broken. New Heroes are needed to face the challenges of the new Age!
So what you're saying is that Rubius is a god on this plane.
You can have lesser items as you so fit, but keep in mind the stories (Keldaan for example was on the run and near the end of his rope and probably has fewer items).
So what are the chances of picking up an epic anarchic short sword?