Mogo's last few points

[bonemage]

I'm pretty sure they changed how resists work to use the clvl the spell is revieved instead of the clvl of the person casting it. So level 1 Arcane Explosion (recieved at 14) won't be nearly as effective at flushing out stealthed 60 Rogues. I know I saw this on the official forums and probably even a thread about it here but whether or not it was actually implemented; I'm not sure.
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I think there was a lot of chicken little regarding changes to the way clvl worked with spell levels. The first rank of spells is still very effective for the utility, with little to no real change in how they work. There indeed was a large outcry when the changes were made, but the initial panic quickly died as people started playing again. The initial reports were severely exaggerated. You are correct in seeing it here though.