In my copy of Mage Wars the text on the wand cards read "Spellbind You may bind a non-epic spell from your spellbook to Mage Wand. As a quick spell, you may pay 3 mana to change the the bound spell." It's the same text, regardless if Elemental or Mage Wand.
Alltough it reads in the rules on page 25: "For example, the Mage Wand can only bind an incantation spell, so you could not bind an attack spell or enchantment to it."
Another user of the bgg forum told me that: "My copy of Mage Wand says 'You may bind a non-epic incantation spell" and my copy of Elemental Wand says "You may bind a non-epic Attack spell...'"
So I'm a little bit confused about the card texts in my copy...