We can't find any source for this item (quests reward, drop, etc). It's highly probable this item is not obtainable right now. It seems that the New Bandelettes is obtainable.
This can now be upgraded to 700 at the kiln.
Who wants more damage on people who are running faster? Wasted perk imo
To clarify; Both [ Swathe ] and [ The Flintstick ] are best in slot when it comes to arena, alacritous punishment is applicable to most pvp specs. These weapons have a +30-39% raw damage in bursts.