[LumenPlacidum]

The spell isn't exactly what I wanted it to be. However, I'm surprised that the dragon isn't being effective for you. 18 protection with a lot of hitpoints and fear is decent on the defensive side. The protection goes up when the thing goes berserk. The offensive power of it is pretty scary, and it will TEAR UP thugs with moderately high DEF and thugs of pretty much any protection level.

Initially, I wanted it to fly in and attack, then SIT there if it won, just waiting to defend its territory.

I'd be willing to increase the HP, Att, Def, or even Prot (a little), in order to make the dragon fairly competent. Also, I sort of just quickly gave it weapons. I might give it 2 claw attacks and make its fire breath have Str range instead of Str/2 and increase the AoE.