Items used to list the level at which you could get bonus from using them that was changed so that level was the level of the item. Thats probably what the screenie is about.
I like this item a lot I'm speced in both slash and thrust to just under 2/3. There are not many items that add to both for thoes of us who swap weapons according to situation.
Dauntless courage bracer is nice but most of my stats hit the cap with other items and buffs so I stick to a pair of these.