Update: Reports have indicated that this issue has been fixed on live servers.
Although an item level 493 reward is displayed, the cache is currently giving out only 395 gear.
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Season 4 Timewalking Cache Awarding Lower Item Level Than Intended
With Dragonflight Season 4 now live, players already clearing their weekly objectives have discovered that the Timewalking Weekly Quest cache contains lower than intended item level rewards! Although listed as item level 493, it only appears to be awarding 395 gear.
