The stats are random. A nobleman sword can be as good if not better than a sword of the gods. Take a look at my nobleman's sword if you haven't seen it already: http://wind.prohosting.com/~bundys/nobleman.html
Also take a look at this guy's sword: http://easyweb.globalnet.hr/easyweb/users/kpongrac/uploads/sword.jpg
It's all about how much time you're willing to waste reloading for better stats. But if you're willing to do that (reload for better stats), then I think you should definitely go with a 1 handed sword and a shield, instead of 2 hander.