Its very good for bashing down assassins and thiefs. But you need a lof of charges to make it work with moroza.

And the biggest issue - its the aura of the despair. You can't afford to run around with that aura up. You can't use olive grove,

you get more troubles with teleporting, because you can land into something and agro it with your aura.

So till hero and lots of charges its hardly worth of it. But even then, you'll not be able to hold the orb of travel or go in with the wand of return in your hand.