The recipe is simple and applies to several things. You put four items of the same general type (rune, sigil, dye, or minipet) and level (minor/common, major/uncommon, etc.) in the MF and you get back one, with a chance it will be the next higher level. It may work with items other than the ones I listed, but I know it works with those four. You don't need any stones, scrolls, crystals, wine, or other junk, just the items themselves.
So, for example, you take four random minor runes -- say a minor Hoelbrak, Melandru, Eagle, and Grenth -- and put them in the MF. You get back one random rune which will usually be a minor but has a small chance of being a major. The four minor runes can be anything, and they do not all need to be different, so you could throw in four minor Eagle, for example, or two Eagle and two Dwayna, or whatever you have handy that you don't plan to use. If you use major runes instead, you have a small chance of getting back a random superior.
I actually get enough junk runes and sigils from salvage that I do the MF trick once in a while just to clear inventory, after carefully checking the TP to make sure I'm not gambling with anything that has a decent profit. A couple of times I've gotten lucky and gotten something I either wanted myself or could sell on the TP for a nice profit, like a Superior Luck.
Oh well thats not bad at all.. Thanks for explaining the mechanics of it, pretty straight forward for sure! Ill be doing that with runes to clear my bags in the future, lol hoping to score a superior in the process! Too bad there isn't just a straight forward rune crafting recipe lol..but oh well!
Thanks again for the info!