Two Ring to find them,
Two Ring to bring them all
and in the darkness bind them.
Forget The 1 Ring folks, Massively lead and WoW Insider blogger Krystalle Voecks came across The 2 Ring today via a Live Journal entry. For many years World of Warcraft players all around Azeroth have been on the look out for this seemingly missing piece of loot, and in patch 2.4 they will be rewarded via the daily fishing quest.
The ring features +22 to the primary five stats, making it (wait... let me make sure my math is right here...) 22 times better than The 1 Ring.
I'm not sure of it's use initially. It's a well rounded stats ring, so perhaps a druid or other hybrid class might be interested in it if they find themselves changing roles often enough. However for a single role / gear set, there are a plethora of better choices easily obtainable.
Of course, with that said, it makes a helluva nice ring to start off at 70 with.