I have BLM, BRD, MNK and SMN at 50. They're all not in "terrible" gear. I've at least moved on to AK sets for all 4. The word on the street is that summoner is the number 1 single target DPS class at the moment. I just don't see it to be honest. Let me get this out of the way up front: I don't and never will use a parser. From a strictly "feels" point of view, watching the numbers on my screen, my BLM puts out more damage. Unless I'am doing something terribly wrong on summoner, or just don't understand the class, or whatever, it just doesn't "FEEL" like it's pulling ahead of BLM like people are saying. For discussion's sake I'll toss what I do for both classes below the text.
On BLM:I start the party with Thunder III, then Fire III, then spam Fire I till I'm just above a Blizzard III in MP, hitting Thundercloud and Firestarter as they pop, and then hitting Blizzard III, recasting Thunder, and then repeating the cycle.
That being said, the amount of damage I'm seeing on screen is quite nice, Fire I's landing for ~500dmg, critting in the mid 700's(Under AF3), Firestarter F3's hitting in the 700's, critting ~1100 etc, TC's hitting 800's and so on.
On SMN:I start by dropping Shadow Flare(Yes on single targets as well), Miasma, Bio2, Bio, then I Fester(Or bane next if AOE), then I Ruin II until Fester is up again, all while I have G-Egi out. Rinse, repeat etc.
TL;DR The damage doesnt FEEL like its up there. I am seeing my dot numbers on screen and I have considered SMN being a more mobility capable DD in movement-intensive fights, but it just doesn't have that same up front look as BLM. Please review and correct.