Quote Originally Posted by Unregistered View Post
-- All I see is it gives it more base stats and a new skill... --
Oh shit, I missed this one, actually.

It gives more base stats (since level cap turns to level 150), a second skill (usually, or upgrades a skill) and more skill level cap. So Phoenix bow goes from 2106 Atk with 16% Assault to 2317 Atk with 21% Assault AND 15% HP. That's preeeeetty damn good.