I have to agree, I am really enjoying grinding through this game. It's as if people were listening when I asked for a challenge a week ago... lol
Yes weapons constantly get better. I'm near the end of hard mode and the final weapons give
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axe like 150 attack
mace gives 70 attack
sword gives 100
your life bar will be nearly all the way across the screen with the best armor/helmet
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Also I had a glitch. Easy mode was extremely easy for me because I happened to receive the best axe as a drop in the graveyard. So I just saved up a ton of money and bought some of the best items instead of buying weapons.
I don't think i'm ever going to level up to level 50 to max out my magic either. Leveling is super slow right now around 36. Unless the final bosses give a ton, I dunno if i'm gonna want to do it.. it might be the one medal I never get :o