Not quite...

Defense: 349-399 (Base Defense: 111-165)
Required Level: 82
Required Strength: 174
+50% Enhanced Defense
+100-150 Defense (varies)
+1 To All Skills
Damage Reduced By 10-15% (varies)
All Resistances +20-30 (varies)
+30% Faster Hit Recovery
Socketed (1-2) (varies)
Indestructible
(Only Spawns In Patch 1.10 or later)

You could still get someone's soul, plus banging their sister (twice, in the ass) for that, since it's on Ladder.