Wouldn't phantom always be inferior to gift? You'd need a level 1 phantom to reach about 75%. On my viking (who admittedly hasn't exactly invested in spellcasting) it's only at ~30%, but even with another 20-30 intellect I don't see it reaching that high. And creation isn't as strong as summoner was in AP.

Phantom was the go-to spell in AP because gift was removed. Now that it's back (and you no longer want to recharge rune mages' revive), gift seems better in every way.