killed her last night, I'm from Albion and we went in through albion side and came up the hib side from the Summoner Hall. Took out the Blue Lady but she was the toughest named we killed (the summoner killed us). She summons swords and axes in ridiculous quantity. The key to killing her is mezzing the adds as they appear and concentrating on her. If you kill the adds first you will die as she keeps summoning. Its smart to pull the guards first but the guard closest to her will always pull her, so you can get it down to just one guard and her. She dropped nothing when we killed her but I assume like most high level named that she does have a excellent drop.
-Demi
47 Armsman Bedevere