However, if you were looking to pick up the MED for that reason, don't bother. As you can see from the original link, its top-end damage has been lowered to 2,769, while its swing speed has been increased to 3.5. Forum posters immediately noticed, and Blizzard's Zarhym soon clarified the change.
Now, of course, there's debate raging back and forth about the change and if the sword is even worth crafting anymore. My take on it is yes, it's worth crafting -- it's just not better than Firelands drops for some players anymore. It shouldn't be even close, which it was. If you're crafting or buying this sword, you're still getting a better weapon than drops in normal mode tier 11 raids, and that's fine. It shouldn't outperform heroic tier 11 and be able to compete with tier 12 weapons. It's meant to help you catch up to Firelands, and it will still do that.
The news is already rolling out for the upcoming WoW Patch 4.2! Preview the new Firelands raid, marvel at the new legendary staff, and get the inside scoop on new quest hubs -- plus new tier 12 armor!