Relative Powers

[Thalion]

Fourth, I think Ungoliant ought to be higher. She is a strange and unique figure in the Legendarium, and she seems (to me, at least), to have a kind of profound, primordial power. Consider that she almost defeated Morgoth before the Balrogs came to his aid.

I'm not entirely sure where I would place Ungoliant, but I think there is something that is being lost here in the discussion of her battle with Morgoth. When Morgoth was almost defeated by Ungoliant, it was because she had within her the light of the two trees of Valinor..., the light gave presumably immense power that combined with her "natural" strength/power/ability was nearly too much for Morgoth (reminiscent somewhat of Carcharoth when he had the Silmaril in him)

When making a determination of where to place Ungoliant, it should therefore be noted that her placing on the list should be deminative of what I would deem her "natural power", not that as it was magnified as a result of the light of the trees within her...