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Googi said it helps with allot of things, well lets pin as many of them down as possible. It seems safe to say it does little or nothing for monster drops. But it helps with blessing (speed), learning spells/skills, alchemy (i would guess the amount product you end up with when it can vary). And from alchemy id guess it also helps with the yield of crops. What about mining? Does it affect mining at all? Critical hits (for example, inflicting death with a bile weapon)? Missile accuracy?