Pretty much, and lucky charm is still terrible overall. Like anyone gives a crap about green items past level 7. You can easily edit the treasure table if you want. I improve lucky charm treasure tables in Scales, my mod (see main forum.) You could download the mod and just use the treasure table (though it does also make all mini-bosses (like the Lighthouse boss) drop epic+ items and reduces the white weapons/armor you find by half.)
