No my elf does not have EP. She uses jewelry for chance to find valuables. Of course she is wearing a level 215 Robe of Innocence awesome for farming. It is funny that my level 200 Dryad had mastered EP and didn't seem to get any good drops from kills. The Dryad did however find alot of 3 star items from crates and a Silala's ring, the town of Khorum in the desert is a great spot to raid chests. There must be 40 of them and can be opened in 5 minutes. I abused that alot with the Dryad (reload a game). I am not convinced that EP helps with items from kills I think it only helps with items from boxes.
To Skylar, yes I am on xbox live but one of my friends has his eye on it now that I have 2. I will let you know if he doesn't want it.
I am afraid to play any other character, I don't want to break my lucky streak.