Sensible loot distribution hinges so much on what's available in other locations, which is difficult to know for people that haven't played private servers much.
I did not raid in BWL so any insight in to what the hotly contested items are is appreciated. Also any items that are BiS-forever are helpful. This list is not perfect and the recommendations not totally accurate, but it's a good start.
Edit: Here's the weapons. Current questions about a few specific items are in post 10.
1H:
Dragonfang Blade 1.8 dagger 16 agi 13 stam https://classic.wowhead.com/item=19346/dragonfang-blade
Chromatically Tempered Sword 2.6 14 str 14 agi 7 stam https://classic.wowhead.com/item=193...tempered-sword
Crul'shorukh, Edge of Chaos 2.3 ax 36 AP 13 stam https://classic.wowhead.com/item=193...-edge-of-chaos
Claw of the Black Drake 2.6 MH fist 13 str 7 stam 1% crit https://classic.wowhead.com/item=193...he-black-drake
Doom's Edge 2.3 ax 16 agi 9 str 7 stam https://classicdb.ch/?item=19362
Claw of Chromaggus Dagger 17 int 7 stam 64 spellpower 4 MP 5 https://classicdb.ch/?item=19347
Lok'amir il Romathis (mace) 18 int 10 stam 8 spirit 84 healing https://classic.wowhead.com/item=193...ir-il-romathis
Maladath Runed Blade of the Black Flight +4 swords 1% parry https://classic.wowhead.com/item=193...e-black-flight
Spineshatter 2.6 mace 9 str 16 stam 5 def https://classic.wowhead.com/item=19335/spineshatter
.
.
2H:
Draconic Avenger 3.2 ax 21 str 18 stam 2% parry https://classicdb.ch/?item=19354
The Untamed Blade 22 agi 16 stam 300 strength proc https://classic.wowhead.com/item=193...-untamed-blade
Draconic Maul 27 str 19 stam 2% crit https://classic.wowhead.com/item=19358/draconic-maul
Drake Talon Cleaver 22 str 17 stam 240 damage proc https://classicdb.ch/?item=19353
Ashkandi, Greatsword of the Brotherhood 86 AP 33 Stam https://classicdb.ch/?item=19364
Staff of the Shadow Flame 29 int 24 stam 18 spirit 84 dmg 2% crit https://classicdb.ch/?item=19356
Shadow Wing Focus Staff 40 int 22 stam 17 spirit 56 dmg https://classic.wowhead.com/item=193...ng-focus-staff
.
Ranged:
Heartstriker Bow 24 AP 9 Stam https://classicdb.ch/?item=19350#comments
Dragonbreath Hand Cannon 14 Agi 7 Stam https://classicdb.ch/?item=19368
Ashjre'thul, Crossbow of Smiting 36 ranged AP 7 stam https://classicdb.ch/?item=19361
.
Wands:
Dragon's Touch (wand) 12 int 7 stam 6 dmg https://classicdb.ch/?item=19367
Essence Gatherer 7 int 5 stam 5 mp 5 https://classic.wowhead.com/item=19435/essence-gatherer
.
Razorgore:
Arcane Infused Gem Hunter Hunter trinket
The Black Book Warlock Warlock trinket
Gloves of Rapid Evolution Healer cloth hands
Mantle of the Blackwing Cabal Caster cloth shoulder
Unscathed Egg Battle pet
.
Vaelastrasz the Corrupt
Helm of Endless Rage Plate helm
Mind Quickening Gem Mage Mage trinket
Pendant of the Fallen Dragon Spirit neck
Red Dragonscale Protector Paladin shield
Rune of Metamorphosis Druid Druid trinket
.
Death Talon Packs
Boots of Pure Thought Healer cloth feet
Cloak of Draconic Might Strength/agility back
.
Broodlord Lashlayer
Black Brood Pauldrons Agility mail shoulder
Bracers of Arcane Accuracy Caster cloth wrist
Heartstriker Agility bow
Lifegiving Gem Warrior Warrior trinket
Maladath, Runed Blade of the Black Flight Parry 1H sword
Venomous Totem Rogue Rogue trinket
Blackwing Banner Battle pet
.
Firemaw
Black Ash Robe Healer/FR cloth chest
Claw of the Black Drake Strength fist weapon
Cloak of Firemaw Stamina/AP back
Firemaw's Clutch Caster cloth waist
Legguards of the Fallen Crusader Strength plate legs
Natural Alignment Crystal Shaman trinket
Primalist's Linked Legguards Caster mail legs
Scrolls of Blinding Light Paladin trinket
.
Ebonroc
Aegis of Preservation Priest trinket
Band of Forced Concentration Caster finger
Dragonbreath Hand Cannon Agility gun
Drake Fang Talisman Dodge/AP trinket
Ebony Flame Gloves Intellect cloth hands
Malfurion's Blessed Bulwark Agility leather chest
.
Flamegor
Circle of Applied Force Agility/strength finger
Dragon's Touch Caster wand
Emberweave Leggings Agility/intellect mail legs
Herald of Woe Strength 2H mace
Shroud of Pure Thought Spirit back
Styleen's Impeding Scarab Parry trinket
.
Drake's shared loot table:
Drake Talon Pauldrons Strength/Agility plate shoulder
Rejuvenating Gem Spirit trinket
Ring of Blackrock Spirit finger
Taut Dragonhide Belt Agility/dodge leather waist
Shadow Wing Focus Staff Spirit/spell power staff
.
Blackwing Lab packs
Essence Gatherer Healer wand
Band of Dark Dominion Caster finger
Elementium Ingot (Techs only) Reagent
.
Death Talon Wyrmguards
Interlaced Shadow Jerkin Agility/SR leather chest
Ringo's Blizzard Boots Caster cloth feet
.
Chromaggus
Angelista's Grasp Caster cloth waist
Chromatic Boots Strength/agility plate feet
Elementium Reinforced Bulwark Dodge/parry shield
Elementium Threaded Cloak Dodge back
Empowered Leggings Spirit cloth legs
Girdle of the Fallen Crusader plate waist
Primalist's Linked Waistguard Agility mail waist
Shimmering Geta Spirit cloth feet
Taut Dragonhide Gloves Healer leather hands
Taut Dragonhide Shoulderpads Agility leather shoulder
Whistle of Chromatic Bone Battle pet
.
Nefarian
Archimtiros' Ring of Reckoning Agility finger
Boots of the Shadow Flame Agility leather feet
Cloak of the Brood Lord Caster back
Mish'undare, Circlet of the Mind Flayer Healer cloth head
Neltharion's Tear Caster trinket
Prestor's Talisman of Connivery Agility neck
Pure Elementium Band Healer finger
Therazane's Link Agility/crit mail waist
Head of Nefarian