Blunts have more accuracy and have no mobs strong against blunt weapons, but some that are weak to it. Swords have more crit chance and have no mobs that are strong against it but also have no mobs weak against it.
Yeah from a PvE point of view, it still doesnt really weigh out when you take into consideration the amount that Focus SA's increase Crit Atk, for example, Focus lvl 3 from a buffer raises Crit Atk by 25. If im working it out correctly, which im 99% sure i am, Focus SA effect on a Great Sword is 69.
The 69 Crit Atk increase from Focus on a Great Sword seems to be trivial reguardless of what class it is, i checked it on a Healer, Caster and Ranger class to make sure that the number didnt change per class, never know how the mechanics in this game vary between classes, so i wanted to make 100% sure of it.
Now let me add, that as a Blunt weilder, Lvl 3 Focus doesnt do the same amount as it does for a Sword weilder, ie: Lvl 3 Focus adds 26 to my lvl 54 Destroyer and 25 to my Wifes lvl 55 SE, Destroyer is equipped with a Great Sword and SE is equipped with a SoV ( Sword ). Now the amount my lvl 55 BH gets from having a Deadman Glory equipped is 13.
Destroyer 54, DEX 26, Crit Atk Base 42.
SE 55, DEX 23, Crit Atk Base 41
Bounty Hunter 55, DEX 29, Crit Atk Base 43.
So lets do the math for the Great Sword, Sword Crit Bonus is roughly 43 + 25 from lvl 3 Focus + 69 Focus SA effect = 113 Crit ATk + 42 Base = 179 Crit Atk total.
Sword of Valhalla, Sword Crit Bonus of 43 + 26 from Lvl 3 Focus + 42 Base = 111 Crit Atk total.
Now lets do the math from a Blunt point of view, 13 from lvl 3 Focus + 43 Base = 56 Crit Atk total.
Both the Deadman Glory and Sword of Valhalla weapons have the exact same atk speed so amount of swings per any given amount of time would equal the same when fighting mobs of the same level to cancel out any disparity when it comes to avoidance from higher lvl mobs etc etc.
Now if i had to take a guess, a Damascus with Focus effect would be roughly around 56, maybe its just a rough guess, but i feel that im close because of the Fast weapon speed compaired to the Great Sword with a Normal Weapon speed, which is why the Great Sword has the higher crit increase from the Focus SA.
Taking this into consideration, it wouldnt pan out to be a equal surface because crits would far outweigh the amount of damage dealt compaired to the small amount that you do when fighting mobs with a weakness to Blunt.
Now from a PvP point of view where no one is really better against any type of damage ie: Sword, Blunt, Dagger etc etc, then a Sword type with a 3-4 time crit ratio over a Blunt type is going to previal by a long way simply because of crits, not to mention most plate tank classes now that have Sword masterys that can have a high Crit Atk rating now have Shied Stuns, yes i know that some classes only just recieved these in C4, but none the less, they still have them giving them a very big advantage.
Add a SwS into this mix and watch their Crit Attack push past 200+, in some cases up towards 300.