I think for lvl48 its great. If this had dropped for my hunter at lvl48 then I would have been creaming my pants! Typical that it dropped for my Priest instead
Well I remember when I just got to 60 on my hunter, a lot of level 60 hunters carried that bow arround. It was selling for 300g+ back then. Not sure what they are worth these days as people found out it wasn't really a good bow since then.
I saw a couple on AH for a reasonable amount, but they probably wont sell, so no I doubt I'll get much for it. I agree that its not very good for lvl60 as there are better blues, but I'm sure it would serve well from 48-58.