This is like what, the 2nd highest magic attack bonus food in the game? And the 70 to all other stats (magic evasion being a huge one) this is amazing food to use on dynamis parties. I've dodge fomor spells with this food up.as well as effects from tier 3 geas fete monsters in every zone. On bismarck these sell for about 3m a piece, but they rarely appear and RMTs are trying to monopolize the market and sell them at 5m a piece.
Since it effects pets too, it can have value in replacing the Stewpot given the defensive bonuses granted as well. That being said, wait until the price goes down.