Yes, it is permanent and it is all random.

I know this is cheesing it, but I always save before I touch that orb
and I keep reloading until I get a positive stat gain.

Again, which stat you lose or gain 5 points in is all random.

Good luck and happy hunting.
Tsel <img src="/ubbthreads/images/graemlins/wave.gif" alt="" />


Oloth zhah tuth abbil lueth ogglin