I have looked at the Arcana Evolved system a bit (the book is somewhere 'round here). It's a cool system, but the first time through, it seemed a bit too integrated to the Arcana Evolved system as a whole, but it's worth another glance. It's still reliant on big lists of specific spells, though. Part of what I'm looking for is a system that gets away from the "you have THIS spell with THIS effect" idea and makes magic more of a...power. The Elements of Magic system looks darn intriguing. I think I'll take a look at that. If I used it, I would probably just leave most mechanika items "as is" anyways.