Last night I beat Molag Bal on the first try without dying once, here's how. I am a sorcerer and used crystal fragments, silver shards, volcanic rune, critical surge, and bound armor. My second bar wasn't even used, but it contained dark conversion, annulment, lightning form, bolt escape, and bound armor. I had 20 lvl 40 +health/magic/stamina potions that I used 3 of.
The key to this fight is to
simply keep moving. It used to involve more strategy than that, but honestly all you need to do is keep moving and giving him little love taps with silver shards and your weapon of choice. Just don't stand in the fire and you win.
This fight used to involve more than that, Molag Bal used to be a force to be reckoned with. Now he is a shadow of his former self.
Please BUFF Molag Bal.
There was no challenge, thus no sense of accomplishment for beating him.
I've been an avid Elder Scrolls fan since Morrowind. Some of my favorite things about these games have been the story and the challenge. I'm very concerned about the direction this game is heading and have been, ever since the slaughter of the starter isle story. This concern has grown with the unnecessary nerfs of Doshia, Gutsripper, Mannimarco, and Malog Bal. The story "streamlining" and dumbing down of content are a recipe for disaster IMHO. I want this game to succeed and that's why I'm leaving my 2 cents here