It's a halloween event, this hat should do something even without +4, +7, or any kind of upgrade, look at it this way other hats have been quite useful in other holiday events and so this one should be as well.
I'm using this hat on just a lowbie character and everytime I see treat, trick, it basically does nothing, I mean literally nothing, non upgraded is rather useless and that's kind've a disappointment.
Edit: Example,
http://irowiki.org/w...Christmas_Event A very useful headgear that needs no upgrades and can do something for low level characters and high level characters, 1,000 Carrots for 15k Zeny is pretty grand in my opinion.
Edited by SonicRain, 21 October 2012 - 07:27 PM.