Now, with all this info, pick the type creature with the highest loot that you can solo quickly. Then find it's spawn point in ilshenar. Since Paragon loot bumps up one, and you can most likely handle the paragon version, that creature will net you the best items over time, with higher luck suit on.
I went with the blood ele, since there are several spawn points (since my bard tamer hints thread in skill section), and they fall danged fast.

I had a formula for kill speed (kind of), and spawn speed that I used to judge my efficiency when hunting., and how good of a spot it was. To understand it, there are a coupple of items that should also be understood.
1) all corpses decay at the same rate
2) monsters will spawn from slow up to a maximum rate, usually over a 1 hour period
3) monster won't spawn till one dies

Therefore, the more corpses you have on the ground, the more effciently you are killing them.
If you get to a point where there are five or fewer corpses on the ground and the first one decays, that is a slow spawn spot, OR you are killing too slow.

You should look for areas that let you have a corpse rate of 8 on the ground at a time (per single creature spawn). Those are the sweetest spawns.

This is a more efficient method of guaging spawn areas than the other standard of gold per hour, as there are too many variables in that.