I don't think 80k would be that useful for a grouping wizard. Your power comes from your spells more than anything. The number one thing to get is a staff of temperate flux. If you want to solo J boot are handy too. Instaclick nukes like solist want might be useful to you too. I guess you could get a prenerf fungi staff and manastone if you had the budget, that would make a difference?
Going slighty off topic, I'm not really a nerd at wizard, but here are a couple of my experiences:
Lost staff of the scorned is great dps for the first 10 levels if you want to cosplay a monk. Keep hold of it because at later levels it's a manaless group port to 1 zone away from a bank city and from EC. Super handy.
Root the mob on inc so tank can establish aggro, slowers can do their thing and so on.
Learn caster mob's AI so you can begin casting your stuns before they begin casting the things you want to interrupt.
Keep an AoE rain loaded so if you get charmed you can remind the group who is boss. Keep a rez bot parked nearby.
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