Has no effect on character whatsoever, more likely a way to enhance your weapon/charm effectiviness per rank level,
but the effect is still very low, or just for bragging rights.
Proficiency works completely different and your character level is irrelevant, unless its for charm/weapon training, where you have to train mob levels higher than the rank is at.
Fishing is like its own "arena" place and consider the fish to be its own "mobs", but its also a bit different with tier system.
Glyphing and transmuting works in a hole different shape and would be best to try it out yourself, for example going from transmute rank 1 to rank 2 would expand your ability to go from tier I magical-rare to tier I magical-angelic, just an example on how they work, requires more than just one rank before you can move over to next item tier.
This post was edited by UnhostSoH on May 25 2009 07:52am