swords are better.
the end.
j
ust kidding
it depends what you want dude. here's my quick overview
swords has some of the biggest, slowest heavy hitters.
if you're a very rich player and can afford that crazy ssi and sta levels to accelerate them to near cap, you will do the most dmg with swords. see connor for an insane-crazy-man-swinging-an-axe-the-size-of-paul-bunyon as an example. the downside is that the weapon specials seem to be kind of spread out across too many weapons. you don't see as many swords weapons which have two GREAT specials attached to them (see leafblade for example)
fencing is the polar opposite, everything is fast.
therefore you need less amounts of ssi and sta to swing at cap. fencing should be a really easy weaponskill for someone who is low on cash to master and max out. plus fencing has the leafblade, which makes my pants go "meow"
my sampire is currently macing, i chose it based on its black staff whirlwind weapon.
the black staff does nearly as much dmg (to within 1 DPS) as the 2h swords whirlwind axe, yet, it is faster, so it requires less SSI (less RELICS) to imbue and swing at cap. plus it has para blow attached. i use a UBWS leafblade. macing also has the hammer pick which should theoretically be awesome for pvp with AI and mortal on one weap.
take a look at this link. take a GOOD LONG LOOK. plug in your stats as they currently are. look at the weapons, the specials. compare them - see which does the most DPS while swinging at 1.25 cap. now look at the weapon specials. which weapons, while swinging at cap, have the most DPS as you use your favorite specials (whirlwind, AI, feint, etc).
now create the most uber suit you could create. maybe you'll have 35+ SSI, 180 sta... maybe you'll notice that certain other weapons now become the best DPS while swinging at cap and using your favorite specials...
that should give you a good idea of where you'll start, and where you'll want to end up. if they both match, ie you can use swords now and you'll end up wanting swords, you have your decision made for you. if they're different, i tend to think in the long run and just do it ghetto-style for now.
good luck m8
http://uo.stratics.com/content/arms-armor/arms.php