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If STR+DEX+LUK adds up to less than 5 times your ATK total (not including any %atk or %stats in either number) then the 50 atk 50 all is better.
say STR+DEX+LUK = 1500, attack = 300 -> both are equal.
STR+DEX+LUK = 1500, attack = 250 -> attack is better
STR+DEX+LUK = 1500, attack = 350 -> all stats better.
Include base str/dex/luk in this but no percent anythings except MW (since it applies before +stats, it affects the outcome of this comparison).
You can also tell how a given item affects the outcome by this. Eg. a Tyrant item with +150-all +50 atk is 450:50, so it makes the attack better.
Posting Freak
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I have basically nothing else to add to this discussion. I'm no expert either.
You want an answer to your question in less than 10 words? Sure: "Give me these numbers and I'll tell you."
1. Current stats before MW (all 3 stats, including the base and bonus stats stated explicitly).
2. All sources of %stat and %all (good luck with this).
3. Current WA before any buff.
4. Current WA after one WA buff (e.g. circuit surge).
Hadriel
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just go with the 5atk 5 all stat, for me 5 all stats beats 3atk