That interpretation seems correct from what I remember. If you want to to be 100% certain, download some modding tools and set the qlvl of every affix to 1. No magic items should now drop at all for a clvl 4 character.
edit: that should say no drops from mlvl 4 monsters. You can also use the modding tools to set everything to mlvl 4 to test faster.
edit: that should say no drops from mlvl 4 monsters. You can also use the modding tools to set everything to mlvl 4 to test faster.
"What contemptible scoundrel stole the cork from my lunch?"
-W.C. Fields
-W.C. Fields