I reached level 49 tonight, and have equiped a Level 50 Elite Weapon (It's considered Level50 elite because it goes along with your level 50 elite armor set). It looks awesome, a glowy red tone. Im not 100% sure that I will max my character tonight, i will probably be 1/2 way. Either way after that I have to begin the Dungeon farming for my elite set. Once i have finished my set ill post some screen shots of it.