Do NOT PM me. I will not answer any PMs about this, or what anything in this screenshot is. Any PMs will just further delay the release.http://forums.d2jsp.org/ls_mp_totem.jpg
Q: What is that?
A: A totem!
Q: How does it work?
A: You drop it onto the Use Item box, and it uses it, then destroys the item.
Q: Can I trade it on the MP?
A: You bet!
Q: Is there more stuff like this?
A: Of course!
Q: Is this the only way it will spawn?
A: No, it is a variable stat item
Q: Where can I get it?
A: The catacombs
Q: What is the catacombs?
A: Multiplayer, OFC
Q: Is it done?
A: Basically, yes.
Q: What is left?
A: Final details, and beta testing
Q: Can I see a screenshot of actual MP?
A: Maybe, but I'll probably wait until release as to not spoil the good fun and anticipation!
Q: Can I help test?
A: No
Q: When will the release be?
A: Depends. I'm shooting for next week. However, this is subject to change depending on how side-tracked I get, and how many people PM me about this even though I told them not to.

Q: Can I have a free hug?
A: You bet!

Much

[edit]
Just to clear up a few more things:
- Yes, these are extremely rare. Ridiculously rare.
- Yes, you could get higher than +1 (even more rare)
- Yes, there are additional usable items (not totems)
- Yes, all of this can only be found in multiplayer
- Yes, of course you will be able to team up with guildmates. In fact, you will get an item find and experience bonus for having a party entirely of guild members!
Oh, and you can form groups of between 2 and 5 members for multiplayer. This could be increased at a future point in time, but seems like a good starting point for now.
Oh, and the only feature left for all of this is the guild bonus aspect.