I find it fascinating that some people seem to think every player must be at level cap.
The drop rate for me has dropped to 0. My server finally hit it's quota day before yesterday. I haven't had a bag drop since. That is 9 hours, 5 characters, 7 areas, no bounder bag drops. But that is the way my luck runs. If there is a 1% chance of me losing, I have already lost.