What is Spellcrafting?
The ability to enhance armour, weapons and jewellery with magical properties that will beat most found monster loot
 and rival artefacts, if you are lucky and persistent. 

Skills needed
Alchemy
Inscription
Magery (not absolutely needed but advisable)
Some form of Mana regeneration -  meditation or focus (needed for inscription and magery).
Some form of healing (vital, you will find out why )

Materials
A spellcrafting book (craftable with inscription)
Spellcrafting Gems that  contain the individual spells that go in the book......these can be found on one specific NPC human
 type monster in Rock dungeon (that's as much of a clue as you're getting!)
Arcane gems.. can be found on Boney Mages and Arcane Demons (twin layer monster, its called a Demonhost.. kill that
 first then the Arcane Demon). Both can be found in Blood and Sorcerers dungeons.

It's a long hard road to be a Spellcrafter but lets hope we get some more Spellcrafters on the shard... it will save me a lot of time!