Yes your mf does apply when using find item, I am not sure that the skill lvl of Find item has anything to do with the quality of the "find" but I seem to recall reading somewhere that it does not, it only affects your chances of getting something period. I also heard theat using the skill on certain monsters can yield good results.

This is the info I was hoping to get with this thread since I am to lazy to go find it myself.

Doofus