Typo or Lukless Mages ftw?

I have my luk capped at 103 for the lvl 100 items, and assuming by the time I was a high enough level to equip this you can scroll HT pendants more than once, then with a 15 luk zak helm and a 37 luk pendant I could equip the lvl 163 staff, which is probably a lot cheaper considering not many people would be able to equip it, unlike every other elemental item.