it'd be sweet if we could enchant an item to have candlelight - in other words, when equipped you have the little ball of light floating above you indefinitely so long as said item stays equipped

EDIT: and it would also have to be able to be disenchanted so that we could then put the enchantment onto any item we want (even a weapon - haha you hit something with it and they gain the little ball of light lolz)

I can't believe they canned this form of enchanting

I suspect you can do it, if you're on the PC. See my post about enchanting Night Eye http://www.gamesas.com/index.php?/topic/1267776-enchant-night-eye-on-anything-pc-only/page__p__19231087#entry19231087. I've verified the same technique works with Invisibility, I'll update the original post with that info later today. To test it with Candlelight, just use the console "help" command to look up the MGEF record ID for that spell.