Actually no, Foresight is better. Foresight offers a 20% boost to p.defense, which translates to about 8% p.damage mitigated for its duration. This is not really useful for tankbusters and yeah it's a weak CD, but it helps smooth incoming damage just a bit.
Parry (the stat)... it's difficult to even get to a 1% difference for the encounter and it's active full time.
Now obviously the CDs that give very high boosts to parry/block are good, but the stat... well, see my post above.




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