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Actually, in at least some versions of the legends I've heard, Loki was only a sort of "honorary" Aesier. He was by birth, a Joton (one of the bad giant/troll races) who impressed Odin so much with his shapeshifing ability that Odin brough him to Asgard and made him his blood brother. Most of the other gods hated Loki, but they coulnt do anything to him since he had Odin's blood in him now. they also gave him some credit for using his shapeshifting abilites to turn himself into a mare and draw the gant stomasons horse off before the stonemason could make good on his promise to wall all of Asgard in one day, thereby simultaneously saving the Aesier from losing Freya (and by extension access to the golden apples of immortality and youth) and simultaneously providing Odin with Slephnir his hyperfast eight legged steed. As to Baldur both points are tecnically correct. It was Loki who found out Baldur's one weakness (mistletoe) made the arrow out of it and tricked someone into shooting it. but it was tecnically another God who took the shot. But there is no question that Loki has a dark side, I mean look at who his Children were, Hel (queen of the underword), The Midgard Serpent, and Fenrir who ultimately bit off Tyr's hand (shades of Charcaroth and Beren?) Also wasnt he the god supposed to pilot the boat of dead men's fingernails during Ragnarok? thats enough for now.
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