From an fflog perspective it is. By wounding balance you made the classes that were being fed balances 24/7 by 5 to 10% do less damage, thus shrinking the upper extreme. Spear cant be stacked with the balance, so you can't get the benefits together.
Whether ast can provide, on average higher dps boost uptime to average out to be better than balance is probably impossible. Every old balance was worth 2 new balances. Current spear is worth less than a balance unless its for healing.
