Hycanith Macaw Farming Location (Classic - WoTLK)
Average Gold Per Hour: 40 - 50g
Level Recommended: 41+
Farming for the Parrot Cage (Hycanith Macaw) will be one of the most annoying and time consuming things you have ever farmed for. This is the rarest out of combat vanity pet in the game. Currently it is the only out of combat vanity pet that will drop from normal mobs as an actual epic item. The Parrot Cage has a 0.01% chance to drop, which is a very big downside but if you manage to get one you're looking at 10,000g or more! Also while farming here you will be making quite a bit of money off of the Mageweave Cloth that the pirates drop.
If you're looking for something to farm in the lower 40s while making some XP then this is a pretty good option. The only real downside is the extremely low drop rate on the Parrot Cage. The Mageweave Cloth, however will be a nice bonus since you can get usually 12 - 15g per stack depending on your server.
One thing that could be a problem for farming here at higher levels is your reputation with the Bloodsail Buccaneers. Killing these pirates will decrease your reputation with the Bloodsail Buccaneers but increase your reputation with Booty Bay and other goblin cities. This could be a major issue especially if you worked hard to increase your Bloodsail reputation and would really like one of these pets. If you went through the trouble of raising up your Bloodsail Buccaneers reputation for any reason I wouldn't recommend this farming location.
Items of Interest
Parrot Cage (Hycanith Macaw)
Green Hills of Stranglethorn Pages