Personally speaking, there are two flavors to the build. Sticking with Spellcloak and a 79/44 build that gets Paralytic Poisons and Execution and focuses on melee primarily or going all the way to Shadowcaster for Elemental Rage and Tempest support for your melee.
I tried both out during my first playthrough and they were both quite fun. If I had to choose just one, Spellcloak was less exciting due to no real spell support but probably more efficient at killing things; Shadowcaster gave some extra options that were fun to have around but cast time vs damage dealt wasn't that great.
...not that that kind of min/maxing is actually necessary.
79 Finesse/44 Faeblade/Chakram - Daggers (or Faeblade) are throwaway points for reaching the top skills but it's not like they're really needed anywhere else.
60 Finesse/63 Sorcery Faeblade/Chakram - I play with a 360 Controller so Mark of Flame and Ice Barrage were basically just there for their upgrades that work on Elemental Rage. Faeblade can be swapped to Dagger if you want.
Edit: As for Dagger vs Faeblade, Faeblade are the better weapon for going from target to target and the wider swing arc is nice to have. They're also higher damage per swing and there's more passive bonuses to Faeblades. Daggers get better stealth kills and swing more often so they'll trigger Paralytic Poisons or Execution more often so that's a nice perk. Both work well with Chakrams.
You can effectively max all of the skills in the game except one so ... get everything?
