Yeah bandages are nearly useless now. The only time I can see them being of any use is to heal through bleed or poison ‘after’ combat is over.
I use food that heals 100 HP, restores 100 food and 20 water. I can eat while moving. To bandage, you have to stand still with your weapons put away. Bandages are terrible now.
Also, yeah, you get tons of exotic meat with cleavers. With an end-game cleaver you can get 90+ exotic meat from a single animal. Just add some water, salt and feral meat to get the Hearty Stews that I use.
I was getting over 60 from the elk kings and over 90 from mammoths. Still over 30 with just the basic iron cleaver. I’m sure they just overlooked the description update and will get around to it eventually. I know they have a lot more important things to fix though.