I played EQ for about 5-6 years, never went back after I quit for EQ2/WoW.
Stil today when there is any talk about loot in any game thread...I think of stuff like this:
FBSS, Circlet of Shadows, Rubicite Armor, SMR, Oracle Robe, Jboots, Cloak of Flames, Golden Efreeti Boots, Fungi Tunic, Fishbone Earring etc...
I played WoW just like 2 months ago...replace all my gear, every slot...and I can't name a single item.
Heck, I cannot name a single item I ever obtained in WoW. And can't really name any items from EQ2 either aside from the Heritage items which are basically EQ1 items.
It's the same for most MMO since EQ1, I don't remember the name of any gear from SWTOR, Rift, Age of Conan, or any MMO since EQ1.
In most case, I can't even really remember any special item I got, not just the name...but actual items that made an impression on me.
I can still name tons of items from EQ1, and still have memories for tons of other whose name I forgot, but that still made an impression on me.
I miss that feeling...I wish a game would come out and recreate that feeling, create an item whose name I remember 10 years from now, or at least remember working for it.
The thing is, I don't have the time to put into games like I did during EQ1...I quit EQ1 and I had over 400 days played. That's like 6 hours a day every day for like 5 years. Kinda sad when you think about it, but I have no regrets, it was a good time.
But I can't do that anymore, I'm not sure I would stick with a game that rewards with 1 item a week, or 1 item a month...like EQ1 did. Or that requires me to sit in the same spot for 8 hours killing the same mob over and over again hope the rare named would spawn, and that he would drop my rare item, and winning the roll...and doing that every day for weeks, or months.
So I don't have the solution really on how a modern MMO could recreate that magical feeling of getting loot in EQ1...without what I feel today would be boring and frustrating gaming experience.
There has to be a way though, somewhere between getting nameless unremarkable loot every few minutes...and getting 1 special awesome and unique item once a month.