[Yussef]

Sword does have the highest potential damage, swings activating off swings etc. Also with a high enough crit rate, a single swing will outstrip Axe spec. +weapon helps a lot in PvE to reduce glancing blows (50% damage), you want 315 ideally. Slow weapons will still be better for instant attacks, as there have been no changes to base damage, just the AP calculations. However some higher DPS weapons which are faster will be better in some cases or more comparable now.