I have rebuilt my lvl 24 mage entirely around the wand of power as a “pure” arcanist. Seems to work and yeah, is a lot of fun.
Traits:
Str 0, End 5, Agi 6 (7), Int 6 (8), Awa 4(6), Per 4
Skills:
wand mastery 4, mage armor 3, mana surge 3
extra recovery 3
arcanist 3, precision shots 3, mage...