That Rabbit's Dynamite!

I think we have seen enough Monty Python's Holy Grail quotes now rather then information.
For those who do not know the reference: http://en.wikipedia.org/wiki/Rabbit_of_Caerbannog

We just killed this ferocious critter with a 40 man raid group on Azuremyst-EU (2-9-2012, first day of the Darkmoon Faire)
It can be found in a cave on the beach, southeast on the Darkmoon Faire grounds. It's a neutral NPC but will start it's killing spree once you tag it.

174 million HP, it will drop 1 [item=80008], so good luck rolling for it!

How to kill it:
1. Get a lot of people.
2. Stand together in the back of the cave. Do not run off since this will reset the [npc=58336] (level 93).
3. He will leap to random raid members using [spell=114078], which will make you flee, and probably kill you.
4. Release, run back, continue, conquer the beast.

Everybody in the raid will receive That Rabbit's Dynamite!. Only 1 lucky person will get [item=80008]
If he is not in his cave, he is killed already and you need to wait for respawn, which might take several days, but it should spawn more than once per faire.

There is an item called [item=80237] in the database which should relate to this monster, but we have not found such an item ingame, nor needed it.

That's no ordinary rabbit. That's the most foul, cruel, and bad-tempered rodent you ever set eyes on.
That rabbit's got a vicious streak a mile wide, it's a killer!
He's got huge, sharp-- he can leap about-- look at the bones!

Hopefully engineers and priests will work together to create some sort of ultimate weapon in order to defeat the foul beast. A blessed explosive of some kind, perhaps one that could be thrown at it?