Master
Joined: 13-February 05
From: The Smoky Mountains
That is sort of right- the spell "summons" a Daedric whatever (dagger, sword, cuirass, etc.) It also usually gives you a boost to the related skill (e.g. Fortify Blade 10 points).
Remember the assassins at the beginning? They appear to be wearing Daedric armor, but it disappears when they die? It is bound armor (a spell effect).
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The dreams down here aren't broken, nah, they're walkin' with a limp...