Morg - After doing some research, both can be specced into single target or AoE or DoT type damage.

For example, the Sorc can spec Path of Agony, Destruction or Calamity.

Path of Agony
Focuses her damage on a single target.
A good mix of fast & slow casting spells.
Moderatly risky to play.
Master of the super high damage CRITICAL HIT!

Path of Calamity
Focuses on doing large amounts of damage slowly over time (DOTs).
Extremely fast casting spells.
Lowest risk to the caster.
Also capable of casting many debilitating effects to help the group.

Path of Destruction
Lays waste to large areas with potent Dark Magic (AoEs).
Requires the player to get in close to fight for full effect.
Highest risk to caster.
Tends to blow herself up as much as everyone else around her!


Bright Wizard's Paths are Incineration, Immolation and Conflagration

Path of Incineration
The Path of Incineration primarily focuses on destructive single-target spells. About half of these spells have high values of Combustion allowing those who master the Path of Incineration to focus on weaving high risk spells in with more reliable destructive magics for optimal single target damage.

Path of Immolation
The Path of Immolation focuses on damage over time and debilitating, lingering debuffs. A Master of Immolation is more patient, relying less on high-Combustion spells with explosive effect and more on slow burns that build up into an unstoppable inferno.

Path of Conflagration
The Path of Conflagration is the most destructive of the Bright Wizard masteries with area effect spells capable of burning entire swaths of land to a crisp. However, Masters of Conflagration must exert the most self-control; most of their spells build up high levels of Combustion and their reckless use could mean the Bright Wizard’s doom as well.


A Bright Wizard rumour:
Bright Wizard gets a standard style of nuke similar to WoW's Warlock Conflagration. They can DoT a target, then choose to consume the DoT for a burst single target DD. The Sorceress does not get this type of nuke mechanic.