Hi Taski!!
There is a pretty good description/explanation of Blessing and Enchanting on page 5 of the Best Tips - it was written by Painbringer but I'm the one who posted it into the Best Tips. Enchanting and blessing can get very expensive the further into the game you go and the more you modify some weapon and armor.
It probably would be easier to put together a list of which skills and spells are not worth having than to list which are best. What I might consider best could be different from another player with a different playing style. If you prefer long distance spells and I prefer close combat - we're going to have very different lists.
The only weapon skills that I considered useful were sword, knife and stave - W&W really didn't make it worth while to use the other weapons. Spells such as Blood to Gold are totally worthless.
Page 5 in the Best Tips also has suggestions as to which skills to increase first which you may find useful.
I'm sure I haven't even begun to answer your questions but hopefully this will get the ball rolling!
Wyv
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