I've played World of Warcraft for 7.5 years and was pretty big into theory-crafting with it. So and was wondering if anyone has come about any theory-crafting in ARR for how stats determine your overall damage output and which stats have priority over others, particularly for SMN.

Given my limited knowledge, obviously your core stats like STR/DEX/INT/PTY etc are most important. But what about things like Determination and Spell Speed?

Is Accuracy like hit rating in WoW and how much do you need?
Are there stat caps?

Any information pertaining to these inquiries would be most appreciated!