It is the best item in the whole game. You can use it creatively in many cases, just because of that it is a special item that expands strategies of combos and the mind wars in group battles Few More points on top of what is already mentioned.
-To survive a spit.
-To spit and ooze damage.
-You can be healed by the monks as well.
-You can grab the pot or mana on the ground.
-You can go next your towers and avoid a kamikaze kill. Espcially on battle on exp flag will be safe for you after defiance since you can get in and turn on invul.
-while you are under focus, the enemy spents few AA attacks and possibly skills if you time defiance right before they change target.
-It gives you few more seconds to do something in group battle which has vital importance to ahve the chance to use your skills once again even if you are gonna die.
There are few other strategies with orb that i use but i will keep it as a secret to myself:)