D3 legendaries and difficulty settings? Ps3?

Playing d3 for ps3 and I just got to inferno. Lvl 2 paragon monk. I was wondering about mp and stuff. So there is "normal" "nightmare" "hell" and "inferno". Then there is "easy" "normal" "hard" "master" etc... And now I'm learning... show more Playing d3 for ps3 and I just got to inferno. Lvl 2 paragon monk. I was wondering about mp and stuff. So there is "normal" "nightmare" "hell" and "inferno". Then there is "easy" "normal" "hard" "master" etc... And now I'm learning about monster power "mp". I just want to start getting lvl 63 items. Which of these effects drops? The inferno setting, the "hard"/"master" setting or the "MP"? Can someone explain all this to me please? I'm curently farming in the vault of the assassin on inferno normal. I do 65k damage 5.6k armor 70k hp 3k dex. I just want to get good lvl 63 legendaries.
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