Something to keep in mind, Panda.  Items of Power had a special one-time discount (I should know, H2 helped me build mine), that can be ranked at either +1 or +2, depending on the value of the Item.<br/><br/>Now, you could give Junior Channeling via the dagger, and that would be just a 1 point Item.  However, if your ability to spellcast is the *only* thing you'll be attaching to the dagger, then I suggest going with full-blown Evocation.  Gives you a wider range, more power, and it wont cost you a point more.<br/><br/>On the other hand, you've still got 6 points worth of Refresh to spend, since Marked by Power costs just 1...