So playing this game I have been very impressed what you can do if you think about the individual ingrediants abilities and how to mesh em. Playing around with that is very fun (especially in new game + or ++ OR +++ MODE)

My default wand spell has been Illusion Dust, Sea Shell, and optic lens. A very nasty continues combo, esspecially when you add either Explosive Powder, noxious spore, or rock to the mix at slots 4 or higher. (Explosive Powder is my recommendation for good aoe havoc)

But I found something......well a little more entertaining, a little more demon-esk

Take an owlbear trap, Minature Sun, and spider silk....voila you have a friggen soler flare at your finger tips mana free! I personally added illusion dust with my forth slot (SERIOUSLY THIS GETS REDICULESSLY FUN AT THIS POINT AND WILL SLOW YOUR COMPUTER DOWN!) With fith slot I added a C lv Philosphers stone as you can still cast indefinetly with it on. I'd only add more miniture suns after this but it is Hellfire all over at this point! Make sure it's enchantment only!

For spell #1 I wanted to be able to reliably self heal, So obviously a vampire tooth was manditory,
used my always beloved illusion Dust, and a crystal ball. My life sucking spell was ok at this point but slots made it better. With the fourth slot I added a lightning rod, allowing a quick mob killing (through walls to due to arc) Life Sucking spell. With fith slot I added Ectoplasim (Mp drain on kill) I now have a 1-2 shot mob Soul Suck spell I can cast infinetly. Probably worth putting on a Philosphaphes stone next slot or a diamond......will finish with both to drain souls either way.

My second and last spell I'm to share is My Hellish Strike, it's more a mortals weapon really but hey it's cheap and kills anything fast (bosses die to only a few casts if they eat most of a volly)
It starts with a Vulacan Wrench, Illusion Dust (duh IT'S A DEMONS BEST FRIEND!), And a Bouncy Ball, this will ensure you inflict pain upn your enemies! Add a Diamond with your forth slot and watch the havock commense! Fith slot should be seashell and your torment of your enemies is compleat. I'm thinking spider silk next ending with ectoplasm for continueous use later.....

Anyways, just a few of my favorites to help keep every Mage/Witch/Wizard/Demons mind going ^^