[Black Leviathan]

I think Enchantment was designed less with the concept of making people not want to use it and more making a distinction that it's not something homeless adventurers throw together in their spare time. That perhaps very small enchantments would be done on the road but anything serious would be done in a workshop in a high magic tower with teams of enchanters.

I can see how Alchemy could be used to have enchantment-like effects. Modern steal is basically iron with secret ingredient additives and a secret recipe for forging it. Why wouldn't an Alchemist be able to forge a blade that does more damage or that affects insubstantial creatures, or even an amulet that gives small bonuses to resisting disease or sleep or other common maladies by harnessing the inherent energies of the magical world. These constructions would be more complex than a potion or salve and require a potency that ordinary ingredients probably wouldn't made the grade for.