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Trading off max magicka vs. spell power
The usual rule of thumb is that 1 spell power equates to about 10.5 max magicka, or 10 if you want to make the calculation faster at the cost of lowering accuracy. That's the tradeoff between the two stats to get the same damage (or healing) from a single skill use (or basic attack).
However, there's another benefit to max magicka, which is having more available magicka per fight. E.g., and oversimplifying the numbers:
- 1000 max magicka boosts damage as much as 100 spell power does.
- In a fight that lasts 100 seconds, it also gives you 10 more magicka per second.
- That value is like 20 magicka regen, which is comparably "costly" in your item slots as 20 spell power.
- So really, the value of 1000 max magicka is closer to that of 120 spell power ...
- ... and given their standard set bonus amounts, it seems ZoS agrees with that kind of view.
Obvious oversimplifications in that start:
- Max magicka, magicka regen and spell power all commonly get percentage bonuses.
- The 100 second fight duration was an utterly arbitrary number.
So -- has anybody (outside ZoS) done an analysis along those lines and come up with rules of thumb other than the standard 10X or 10.5X figures?