why do you have the second part of darkmoor when it drops nothing. I had two of my wizard go through there four times and got nothing to improve there gear my myth has never got a wand from there and she has been through there four times
You get a school specific, shadow-enhanced damage spell by completing the second part of Darkmoor. (5 school pips plus a shadow pip, for 800-1100 damage, depending on your school). That makes it totally worth at least one run, if you ask me...
I run through Upper Halls every day or two to help others get to the Graveyard. I've seen a couple of very nice items drop there, but they're very rare.
The Traveling Dead's Charm from Shane von Shane is one of the best amulets in the game. It seems like it only drops from him in the Upper Halls -- not from his Graveyard version.
Spirit of Darkmoor has dropped more than a few +6% Pierce jewels for me as well.