So today I just augmented my ironworks axe and I realized that the 10 ilvl just adds 3 weapon damage! (Thanks, welfare sands).

I then looked at the dreadwyrm axe and saw that it only has a 1 WD improvement over the augmented ironworks weapon (along with 3 STR). The Dreadwyrm Axe also includes 53 parry on top of it. For a purely DPS standpoint, wouldn't a Augmented Ironworks Axe be on par (if not better) than the Dreadwyrm Axe assuming that the accuracy that the Ironworks Axe gives you more freedom to add Crit/Det in the rest of your gear?