Flask of Mighty Versatility

I can confirm this - I created 6 flasks of Supreme Power today for the cost of 4. And I am Elixir Spec'd.

Currently, the only way to learn this flask is to "Discover" it. In TBC, alchemists discover the new flasks by making already known TBC potions.

Requirements to make a discovery

You must be crafting a potion, elixir, flask or performing a transmutation that was added in TBC.

As a rule of thumb that's anything that is learnt from a master alchemy trainer, dropped from a mob in outland or purchased from a vendor in outland. The only real exceptions are the pre-TBC flasks that have been made available from faction vendors in outland.

NOT requirements to make a discovery

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• You don't need to be in outland
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• You don't need a mastery
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• You don't need to be 375 alchemy
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• You don't need to be level 70
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• You don't need to craft yellow or orange recipes to make discoveries. Even grey recipes can proc discoveries
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• You don't need to be crafting a related recipe *except* in the case of cauldrons (You can discover flasks when making potions for example)
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List of recipes learned by discovery (accurate as of 29/01/2008)

Flasks

• Flask of Blinding Light
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• Flask of Fortification
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• Flask of Mighty Restoration
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• Flask of Pure Death
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• Flask of Relentless Assault
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Potions

• Super Rejuvenation Potion
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Transmutes

• Earth to Life
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• Life to Earth
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• Shadow to Water
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• Water to Shadow
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• Fire to Mana
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• Mana to Fire
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Cauldrons - To discover these you need to be crafting the related major protection potion. Cauldron of Major Holy Protection is believed to be non-existent. The discovery of these recipes is much more likely.

• Cauldron of Major Arcane Protection
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• Cauldron of Major Fire Protection
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• Cauldron of Major Frost Protection
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• Cauldron of Major Nature Protection
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• Cauldron of Major Shadow Protection