Event is from August 25th to September 1st 19:00 UTC
Tormented Weapon comes pre customized so you can't sell it for quick ecto. But you can dedicate it to the Valor Monument in your Hall of Monuments. You normally get them from exchanging an Armbrace of Truth but they are very expensive from players and doing DoA runs isn't an option for most people. You just need to complete these four quests (they are easy, also they take you to pretty locations)
Then exchange the rewards from these quest to Fylinn for a Reverie Gift. There are some quirks to the gift so you can't get an easy Tormented Shield. You can only get 1 Reverie Gift per account. But this is an easy HoM point and you get a shiny new weapon.
I did have a couple more bday presents waiting for me, so now I'm only 3 more pets away from another legacy point...
I never finished much of anything in GW1.
Yeah, I got a ton of presents too. Best one was the 7th birthday present for my oldest character. I think I'm at 29 points in my HoM, should go and check. Maybe I can put some of those pets on display and get the last point before there'd be nothing but titles left for me to get.
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Okay, I went and put some more pets on display (I even have some left over now) and now I have all the 30 points you get items for. Now I really have no reason to play Guild Wars 1 anymore.