Yeah, no I have read it. But, as I've mentioned earlier...while I understand the over all point I take a few exceptions.
1) Real swords are illegal in the USofA to go carrying about one's person (as is any blade longer than what is it? 4 inches? 6?) And they're not exactly concealable. It's all fine and dandy when you're an NPC like Morgan or Luccio, or a Knight of the Cross with a trait like "Protection of Divine Coincidence." But GM's like to make things difficult on PC's. "Yes, that's a fine Bastard Sword and you like quite scary with it. So much so everyone's calling the cops."
2) Why magic up a sword instead of a real one? Because I've been caught and frisked! They took me weapons! Me shiny shiny weapons...
3) This one's ON FIRE. Which makes it inherently more awesome. And no real sword is.
4) This cuts through things, not blasts through them, so it's way less dangerous to the scenery and the by-standers
5) This one IS FIRE. Swords have to go in sheaths. This one can be blown out dramatically at the end of the fight. Plus it's fire. see 3 and 4.
6) Go on. Parry it. I dare you. Make a disarming maneuver...give it a go.
I'm just sayin...I can think of berjillion occasions when a construct sword is better than a real sword. Especially when said sword isn't so much a sword as a persistent, static bar of fire that I can swing in a sword like fashion.
Now I grant there are plenty of drawbacks. It can be dispelled. It can burn me just as easy. It takes some juice to make. Hit it with water the steam will cook me pretty good too. Plus it's not invulnerable. But it's not useless either. It does things no other ONE spell anyone's named so far can do, which is go away when I want it, be there when I need it, cut through walls (as opposed to blasting through them), parry/block things, cut through things in general, and be a sword o' fire.