Rod of flailing
(Dungeon Master's Guide v.3.5, page 235)
Price (Item Level): 50,000 gp (18th)
Body Slot: — (held)
Caster Level: 9th
Aura: Moderate; (DC 19) enchantment
Activation: Move (command)
Weight: 5 lb.
Upon the command of its possessor, the rod activates, changing from a normal-seeming rod to a +3 dire flail. The dire flail is a double weapon, which means that each of the weapon’s heads can be used to attack. The wielder can gain an extra attack (with the second head) at the cost of making all attacks at a -2 penalty (as if she had the Two-Weapon Fighting feat).
Once per day the wielder can use a free action to cause the rod to grant her a +4 deflection bonus to Armor Class and a +4 resistance bonus on saving throws for 10 minutes. The rod need not be in weapon form to grant this benefit.
Transforming it into a weapon or back into a rod is a move action.
Prerequisites: Craft Rod, Craft Magic Arms and Armor, bless.
Cost to Create: 25,000 gp, 2000 XP, 50 days.