The only time I've ever felt any need to use Dart Arts with Power Slash has been on Alexander Savage 3. This is mostly due to my WHM DPS/Healing at the same time. The only reason I would even consider using DA Power Slash there is simply because I'm popping Blood Price and Blood Weapon shortly after which gives me a MP surplus. Generally in most normal circumstances you want to avoid DA Power Slash because as others have already stated... it takes Power Slash from a 5.5 threat modifier to 6.5. Hardly worth it.
Also, you don't have all of your skills yet. When you start mass pulling at level 60 you'll have access to skills like Abyssal Drain which you can pair with Blood Price. In level 60 dungeons I can easily pull 2500+ DPS on AOE packs (in a good group they'll die before you run out of MP). So judging your rotation pre-60 isn't really a fair thing to do. It sounds like you're doing the right thing just drop the DA Power Slashes, they're unnecessary. Keep in mind that Soul Eater also heals you while you have Grit turned on, which helps your healer do more DPS.
Using a regular Soul Eater combo without DA will always net you more over all damage than going for a Power Slash combo. The potency difference is a small 10 in favor of Power Slash. You lose out on the MP regeneration that the Soul Eater combo gives you, which will let you use DA more often. The rule of thumb for Dark Knight is to use Power Slash as little as you possibly can, even if it means people trail you in threat.
Thing is though, I feel like I'm not living up to the potential that DRK has. Souleater is just something I fire off after Syphon Strike as a marginally better option than just swapping back to my higher damage enmity combo. Dark Arts largely goes unused due to the MP cost, as I don't need the bonus enmity once hate is established, and using it to power up Souleater, while it does seem like it might do more damage, also would take more MP than Syphon Strike restores, which is against the point of why I tend to use Syphon Strike in the first place.
While you are right that DA takes more MP than what Syphon Strike gives you, it's not a reason to worry about the MP cost. The only time the MP cost will come into consideration is when you have Dark Passenger available to you. Dark Passenger is more damage per point of MP than a DA Soul Eater is... especially when you have more than 1 target. However, once you get Carve and Spit, your options will change.
ALWAYS ALWAYS DA Soul Eater on a single target when Dark Passenger and CaS are not available. When you get Delirium Blade, you will use that combo when you don't have enough MP for DA. Use Power Slash as little as you possibly can.
Should I be risking my MP pool to swap to the Souleater combo with Dark Arts? Maintain my combo as-is? Or is there some more useful way to use these skills I've overlooked?
One thing I noticed in your post is that you didn't mention Scourge at all. On single target fights, keep it up as much as possible, assuming you get the full DoT duration.