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				Manuk said: 
itīs not useless. you get the discount at the base cost. and in the enchantment tree you will find death "summons" and discounts come handy. 
 
Info if I don't remeber wrong is in the manual with the exact dispel formula. 
 
I like the most the construction bonus. if you get the bonus=20 site, an ulmish smith and a dwarven hammer it's 75% discount. I had that.  
			
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 Did you read my post?  I said, "
useless ... for global spells".  Baalz has the right idea and provides 2 specific examples of uses for global spells, but those are rather specific scenarios I would say.
My point is that this is a bug, and it is serious enough to fix.