I had a hybred ranger/warrior and quite honestly did not use either of those.
I just had a bow with good regular and magic damage and enchanted that baby up higher every chance I got. I was dealing up to 600+ damage with it at end of game. More powerful then my dual wield swords but a little slower and you also have misses about 20% of the time.
Black ring level 26 only took 3 hits with my bow and they were compost.
By the way you analyze too much, just get out there and get me some tasty goblin steaks. I'm hungry, I am a growing dragon after all.