I thought that too Lonn.
Just checking of course because... without the +2 Enchantment kind to it... a lot of that extra damage is going to be absorbed by the multitude of Damage resistant enemies now roaming about. Especially more so... since this weapon has + to AB bonus... literally "every" creature with "any" form of Damage soak /+0/+1/+2 is going to soak most of this weapons extra damage.
Not to mention the fact.. only Rogues with good UMD can use it. Or of course.. .a Half Giant/Half Orc that decides to make a Club its primary weapons... which is... well... would be bizzare to say the least.
And again.. makes another item only a " Evil / Chaotic" Character could use... unless A rogue