Brother MacLaren said:
Yes, but you've picked the 4-attack BAB, in which case TWF only gets you a 25% increase in number of attacks. TWF is great at lower levels where it increases your number of attacks by 100%. The problem is that you need to take the later feats in the chain to keep pace so that you continue to get 50-100% more attacks than the THF. Only a fighter can afford these feats.
Look at 6th level: assume +1 weapon, +2 specialization, +2 Inspire Courage effect (one of feat, spell, or instrument), and +1 Prayer are probably fairly normal. So +6 damage per weapon. Fighter 6 with Str 17 and Weapon Focus, and a foe of AC 20.
THF: Greatsword +14/+9, 2d6+10, (75%+50%)*(17) = 21.25
TWF: Shortswords +12/+12/+7, d6+9, (65%+65%+40%)*(12.5) = 21.25
There are some problems with this math. First, you upped the damage of the off hand weapon.
THF: Greatsword +14/+9, 2d6+10, (75%+50%)*(17) = 21.25
TWF: Shortswords +12/+7, d6+9, (65%+40%)*(12.5) + +12, d6+7, (65%)*(10.5) = 19.95
Second, the AC you picked for your 6th level Fighter's opponent is 20. A little bit on the low side (considering that you simultaneously gave him +3 from a Bard and a Cleric as well).
What if the AC is 22?
THF: Greatsword +14/+9, 2d6+10, (65%+40%)*(17) = 17.85
TWF: Shortswords +12/+7, d6+9, (55%+30%)*(12.5) + +12, d6+7, (55%)*(10.5) = 16.40
What if the AC is 24?
THF: Greatsword +14/+9, 2d6+10, (55%+30%)*(17) = 14.45
TWF: Shortswords +12/+7, d6+9, (45%+20%)*(12.5) + +12, d6+7, (45%)*(10.5) = 12.85
What if he doesn't have a Bard and/or Cleric to help him?
Take a look at 5th level without a Bard or Clerics help against that same AC 20:
THF: Greatsword +10, 2d6+7, (55%)*(14) = 7.70
TWF: Shortswords +8, d6+6, (45%)*(9.5) + +8, d6+4, (45%)*(7.5) = 7.65
Here, he has twice as many attacks per round and STILL does not quite equal the THF.
What if it is NOT a Fighter? What if it is a Ranger or Paladin build? Then, there is no Weapon Specialization and the delta is greater.
What if he is using Power Attack?
What if he is doing an Attack of Opportunity?
What if he cannot do a Full Round attack and is limited to a Single Attack?
In all of these cases, the THF does more damage. To offset the TWF feat and the other feats in the TWF chain, the THF gets three other feats instead.
3 feats, just to keep more or less at the same power level as 0 feats.
Does that sound equitable to you?
There is no doubt about it. A TWF is almost on par with a THF at low level. Almost. As the levels go up, he is required to take even more feats in order to attempt to stay more or less at the same level. Plus, the prerequisites for those feats (Dex 17 and Dex 19) are quite pricey. Pricey enough that his Str will often be less than that of the THF. Hence, his to hit will also be less unless he also takes the Weapon Finesse feat (4 feats now).
That's not balanced IMO.