Demigame, I would hang onto it. Note that the requirements are minimal and it can be used by a first level character. The damage output by the weapon is far greater than any other weapon you will find in the first 5 levels of playing the game. So I would keep it on another charcater and transfer it across to any new characters that you wish to start.
Will make their lives easier at low levels....
**and I have already written a post regarding this called "Sickle of Kronos or Snowball"
