You with a mogstaff, me with ifrits cudgel, can kill a mob fast, but if i equip a lvl 1 scepter i can kill it just as fast with little noticeable difference in dmg or acc or crit.

for example: when farming the warlock's satchel belt, 4 fully geared Thms (all of us double materia M.pot on feet, acc on brands and int on head) were doing little better than an alt in spiritbond gear useing a lvl 1 scepter. Crit rate was the same, accuracy was the same, and dps was too close to say that gear really matters...