Bard is a better raid class atm. Ideally, all or near-all raid groups would have bards in them. You really only need 2-4 enchanters for the vast majority of raids. As interactive and fun as the Enchanter class can be -- Bard is one of the only classes that is even more interactive and has even more possible uses.
It's hard to say who is faster at leveling. Enchanters get easy chardok groups...but Bards have swarm kiting. Both can charm or group (but id give the edge to enchanter here).
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