SPOILER
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The way I deal with the Cowled Wizard is to have 1 char walk up the stairs, initiate dialogue, wait for him to start casting then run down the stairs. If he's mid-cast he won't run after you. You can then sleep, go back up & hack him to bits no probs!
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Time is an illusion. Lunchtime doubly so.
Epona of The Laughing Hyenas.