x-posted from a reply to the notice of the Merchant update (re: Punch and Vise).
I finally got around to looking at the actual costs for Vise's service and they are laughably bad. Vise's costs are as follows:
1* = 100 energy
2* = 200 energy
3* = 600 energy
4* = 1800 energy
5* = 4000 energy
Okay, first off, unbinding 1,2, and 3* items is a little silly. But at these prices, you can RE-BUILD any item you're thinking of unbinding for CHEAPER than Vise can get it to you. And not only cheaper, but stupidly cheaper. It literally takes 10 energy to craft a 1* item. Total cost for a 3* item is 250 energy - LESS THAN HALF what it would take to unbind an item with Vise.
If you were to actually build a Leviathan from scratch, you'd only pay 1450 energy (plus 8900 crowns, and materials.) But to buy a Leviathan from someone else, the cost is 5450 energy, plus materials. The prices one would have to sell bound gear at to make up for the energy cost are (at current market prices) 192,000 crowns OVER what people would have to pay for just making the item. And that's just to break even.
This is important. I could literally buy ALL the ingredients AND the recipe for a Leviathan AND the energy from the free market for building and it would be CHEAPER than using Vise.
Keep in mind, unbinding equates to "I want to sell my Azure Set so I can look at replacing it with something more awesome." Vise completely fails at this. Which would be acceptable if there was a single thing that he did accomplish, but he doesn't.
These costs are *at least* off by an order of magnitude. At 400 energy for unbinding a five star, you could safely assume people would wait until mist energy reduces the cost by a unit, so it's really 300 energy, which is about 15k. That's likely an acceptable margin for some cases - freeing up items to sell now that you've outgrown them, or trading items among guild members. Of course, this presumes that the recent lull in energy markets is permanent, and I'm certain it will not be. Nothing to be excited by, but workable.
I can't speak to Punch's prices with any authority, but I can say I've used Punch to add a UV to my Dread Vile Striker. (*A* UV, because the prices for more than one *seem* ridiculous, though they might not be. In any case, I've only had 75k crowns a few times in my playing this game, and have never had 375k.) But at these prices, I'm flabbergasted to find something to do with Vise.
This, however, is blatently wrong, and is unusually bad.
dude... OOO made it this way TO DISCOURAGE THE USAGE OF VISE.