its probably under utilised atm but should pick up as time goes on. the only difference between loot drops in UO and AO is that the loot drops are controlled by the players via the black market.
Monsters DO drop loot - we have picked up 6.1 pieces of AR in a T5 dungeon.
Otherwise you may get a 'You caught yourself redhanded' or a 'You need to be in the thieves guild to steal from players.' If you lag a bit, you may wish to insert a 0.5-1.0 second pause between Target by Type and Lift pouch. In Elder Scrolls Online, Classes determine the role of your character in your party and impose a specific playstyle. We are presenting a complete list of the Best Builds for all ESO classes.
Based on the widely missed, delightfully nostalgic, and down-and-dirty fun to play UO era that is the Sphere 51a Playstyle, Cataclysm at its core replicates the necessary game-play mechanics for this play-style and presents itself in a way familiar to those who are fans of the genre.