Normally I think of Enchanted Blade as a weapon designed for guardians, since the additional cost of an arcane slot means nothing to them but is very painful for mystics. But since this version of the weapon can only be taken by mystics, I thought it was an interesting exercise to compare it to a spell instead, Shriveling (3) in particular, which has the same resource and XP cost, and compared to spending one charge on the blade, is the same number of uses for the same damage.

To make this comparison directly you have to pin down the relative willpower and combat ability of the mystic. I feel that a mystic whose combat is only two points below their willpower (for instance, Jim Culver with St. Hubert’s Key, or Akachi without a willpower bonus) is a relatively muscular Mystic who would be a good candidate to wield a blade, so I made the following comparisons assuming combat equals willpower minus 2:

Advantages of Enchanted Blade:

1. Allows you to spend two charges on a single attack for double the bonus. This is a huge advantage since it is actually very efficient to do so when fighting an enemy where the extra damage is useful.
2. Enchanted Blade can be used without spending charges, and is equal in combat ability to the Sword Cane for this purpose, without having to spend the extra card and resources to play the Sword Cane, and without the limitation of having to exhaust it.
3. Enchanted Blade does not have the risk of causing horror damage.

Advantages of Shriveling:

1. Compared to using the Enchanted Blade and only spending a single charge, Shriveling gives you +1 fight ability.
2. A Mystic is likely to have lots more ways to commit cards with willpower bonuses or otherwise boost willpower, fewer ways to commit cards with combat bonuses or otherwise do anything to boost the fight ability on Enchanted Blade.
3. This card can be upgraded to Shriveling (5), which is a very impressive upgrade and is much better than the blade if you frequently fight foes with 3 health or with 5+ health.
4. Some decks may find it helpful that this is a spell rather than an item (such as a deck using Arcane Initiate).
5. Does not require a hand slot. If you use your hand to hold a Sword Cane, you can use it to evade, which Enchanted Blade cannot do. Or you have the option of holding something else in that hand.
6. In order to keep using the Enchanted Blade’s ability to fight without charges, you have to keep it in play eating up a spell slot. If you play Shriveling and Sword Cane instead, you can replace the Shriveling with a new spell once you run out of charges, and the Sword Cane will stay in play.

After doing the comparison, I felt the Enchanted Blade is more impressive than I first thought. I don't think either the blade or the spell clearly wins the comparison, it depends on the character, but the blade looks like a perfectly reasonable choice for the deck of a Mystic with good combat ability, despite costing a spell slot.

It makes sense that you could fake your own death to wipe out hospital debts of any size. I can't think of any other card that can do this.

Naturally, just about any other weakness in your threat area can be wiped out too: arkhamdb search

(Except, sadly, you can't cheat away your hands turning into trees)

This card is exceptional as your team gets bigger.

In a typical 3-4 player game, monsters will be engaged to your far friends more often than to you. Now, you could spend an action to Engage, or invest in a Riot Whistle. But blackjack is cheaper, straightforward, inexhaustible, keeps your accessory slot free, and its upgrade isn't bad either.

When you run up to a friend on the brink of defeat, try to whack their worst nightmare on the head, and then see a tentacles, there's nothing more relieving than knowing that they're still going to live because you used your Blackjack.

So, if you're not using both of those hand slots, why not fill your offhand with a blackjack? I had a great Leo Anderson campaign in Carcosa running Blackjack & Survival Knife with a party of 4 investigators.

Just realise that the wording of parallel Agnes Baker provide an opportunity to "pay" one more damage as an additionnal cost. It can provide an other leverage to make it a 0 cost spell and enlarge the scope to make it a 5 dmg card. Not game breaking but quite fun ;-)

This card deserves a full-throated endorsement for use in Tommy Muldoon. First, it is Myriad, giving you three copies for five XP. Second, it provides up to six resources or ammo on Becky. Third, it only costs three resources, which is one less than the Beat Cop, which has less soak and provides a +1 that Tommy would rather not lose. Fourth, it uses the arcane slot, meaning that it is not competing with other Guardian assets and you can have two active at a time to make sure that you're optimally distributing damage and horror to get maximum value. All around a great card that has served my Tommy deck well.