Few questions from a new player

[rulf 0]

Hey just started playing little under a week ago and have a few questions.

 

1: Is it possible to respec the low level gathering tools you buy from the vendor? Havnt been able to get it to work with the recipes listed i could find searching the forums/game guide, tried 1/2 gyfu, 1/2 nied, 1/2 jera, 1/2 dagaz, and even gyfu+nied+jera+dagaz as the game guide suggested, but none of them seemed to work, would really help with early mining to be able to respec my pickaxe from 1-1 dmg to 1-3

 

2: Been killing babel a few times as ive seen a lot of players do, is there a way to check what the different bosses can drop, like valento ring etc.

 

3: At bosses it shows the MVP at the end of the fight, does this have any actual effect on loot, or is it all about reaching the required damage treshhold?

 

4: Is there an updated / working Flag tool? Went through everything from Prog's post (below) but nothing changed ingame, and looking at the latest comments it seems im not the only one having the issue, and being able to see what loot there is seems to be playe difficult.

 

Ty in advance