Alright.. Around 5:45-6:00PM west coast time, a few strange things happened. First, I died of bleeding/hunger, in a not so far off(but very secluded) place. I rushed back to my corpse within seconds and got my things, but found that a few things were missing(phylactery of potence, gauntlets of ogre power, and boots of stealth). Not sure if it was due to changed item limits or not, but the Immortal I spoke to in game requested me to post it here anyway.. Then, I went to kill the ranger ambassador in the High Lords Keep. I looked at the ranger, and saw that he was wielding his spiked staff, so I killed him, just to find that there was no spiked staff on the corpse. If this could be looked into, it would be nice. Thanks.

Item limits are dynamic and ebb and flow as players do. There were a bunch of deletions and autodeletions in the log at that time. That is likely what caused the items to become overlimited.

Same goes for the spiked staff. If it's over limit and the person carrying it dies (PC or NPC) it will poof.