yes, it counts. wanna know a funny trick?
make an enchanted exquisite ring that has bound longbow, bound axe, bound long sword, and bound short sword as constant effects. then make sure you are holding a non bound weapon in your hands. next, use the + key to cycle through your magical items until you are no longer wearing the bound items ring (this is important, just taking the ring off in your inventory will crash the game). you now will possess four permanent bound weapons, although they will need to be repaired, they will still weigh nothing and will add to your bonuses as usual.
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mages may seem cool, but if there was a multi player game you wouldnt see my theif/assasin until you were already too dead to cast a spell...
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