I found the same thing happening when I tried to use it. It never seemed to do more than 3 damage a cast.
I also found a bug in the spell Storm. When I cast it, instead of the lightning-strike animation happening to the enemy it hits, for some reason it is over the caster.
And about character detail, is there any way to find out what stats various characters have without leveling them up? I get information about their spell resistance, dodge, accuracy, attack, defense, health etc. but not the actual stats.
P.S. I think there need to be more damaging spells added, there are very few in the 1.1 beta.