Complete Monster: Tagin, possibly the worst villain the Guild has ever seen. He learned black magic, then murdered and drained his mentor, before going on a rampage through the city to build up his power and become a conqueror. He was only defeated by the entire Guild gathering together and desperately amassing mana through black magic, including slaughtering fields livestock for lifeforce.
Crowning Moment of Funny: The reaction of Dannyl and Lorkin (then later Sonea and Regin), discovering Fergun's Rest. "You have got to be kidding me" pretty much sums it up!
Ho Yay: a lot of subtext between Dannyl and Tayend until they finally get together, and also between Lorlen and Akkarin.
Tear Jerker: Pretty much every character death: Akkarin, Lorlen, Cery, Yikmo, Achati, Sarin.