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In this case, with magic skill 10, 120 energy will result in 600 damage output. Without considering the water specialization, this is 400 damage to a single target. Disintegration, with 120 energy, allows inflicting 350 damage in a radius of 10 cells in a straight line. So, in this case, the spear itself is rather weak, and it's not very accurate to use it as a comparison.