Generally I like seeing custom textures but this one just doesn't cut it.
It's really undefined, blurred and badly wrapped(especially on the blade).
Logical step would be to wrap the whole thingy with in-game textures instead.
I recall that fitting ones should be located in the Orc(RoC/TFT) and Night Elf(RoC) Loading Screens.
I'm sure that it would look a mile better than it is now.
Also, try adding some bandages on the hilt to give it more detail(and personality of course).