Spell channeling allows you to cast a spell, or meditate while holding the weapon. Normally you would drop the weapon whne casting. Works great with my mage/fencer/paladin.

I don't know about regen limits, sorry.

Fast recovery allows you less recovery time between spells. There is fast cast, and fast cast recovery. FC makes the spell actually cast faster, FCR lets you cast another spell sooner.

And welcome to the boards, hopefully welcome back to UO!



~Edit~ Wow where did those post above me come from?? That is what I get for using tabs for browsing and not refreshing the tab before posting.