Ghostly

{{Unique_enchantment
 * name  = Ghostly
 * found = Ghostly items
 * effect = This property makes the wielder's melee attacks able to hit Incorporeal targets. Additionally, enemies suffer a 10% miss chance against the wielder due to incorporeality.  The wielder also gains +5 enhancement bonus to Hide and Move Silently skills (stacks with competence bonus).

Concealment and Dodge provide separate miss chances.

History
Update 14 changed Ghostly to a 10% Incorporeal miss chance (stacking with Concealment, but no-longer stacking with other sources of incorporeal miss chance):