Originally Posted by Kelb_Panthera
all other things being equal arcane > divine.
Focusing on divine means you can use Divine Metamagic and don't have to bother with Extra Spell cheese, you simply have all spells by default. There are also more classes with discount spell lists for the divine side then there are for arcane. When it comes to Chameleon, I'm pretty sure divine > arcane, specially once we remember Divine Bard and Shugenja are around.