When comparing Stencyl vs ShiVa, the Slant community recommends Stencyl for most people. In the question“What are the best 2D game engines?” Stencyl is ranked 6th while ShiVa is ranked 92nd. The most important reason people chose Stencyl is:
Power users can also write code in Haxe (similar to Actionscript 3) to create their own custom classes and extend the engine.
Specs
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Pros

Pro Haxe scripting available for advanced users
Power users can also write code in Haxe (similar to Actionscript 3) to create their own custom classes and extend the engine.

Pro No coding required, great drag & drop interface
Visual scripting in Stencyl is based on the MIT Scratch project, which was designed to teach programming. Script elements fit together like puzzle pieces, ensuring that data and function types cannot be mismatched.
Pro Cross-Platform
Publish iOS, Android, Flash, Windows and Mac games without code.
Pro It's a NO-CODE Program, you can add logic without code
Pro The original concept for Ghost Song was created using Stencyl
The original concept for Ghost Song was created using Stencyl 3.x
Pro Great performance on every platform
Stencyl exports your games to native code so they have great performance on every platform.


Pro Straightforward pricing with capable free option
The free ShiVa Web version is limited to web publication, but otherwise has the same capabilities as the $200 ShiVa Basic. Upgrading to the $1000 ShiVa Advanced brings tools geared toward team development and professional releases, such as integrated SVN support and profiling tools. All versions are royalty-free.

Pro Lua can be used for fast coding and C++ for optimization
All game logic can be scripted in Lua. ShiVa also provides a cross-compiler from Lua to C++, allowing Lua scripts to be further optimized and compiled to native code for performance.


Pro Great support
In addition to the help forum, Basic and Advanced licensees have chat and direct email access to the developers.
Pro Native c++ export
Pro C++ plugin development options

Pro Great performance on mobile
Smaller platform specific executables, native code export, good FPS even for complex scenes. ShiVa has great advanced optimization features, including PVS and LOD, decreasing number of drawcalls even in complex level. Platform specific profiles allow developers to customize size and compression level for textures and test those settings directly in editor. Other engine features, like lightning baking, mesh combining and GPU skinning will boost performance too.
Cons
Con Not a powerful engine
Should be used for basic games only.

Con Only available via subscription
There should be an option to buy it outright, especially considering it is written by a one man team....this is not exactly an Adobe level enterprise with shareholders, so there is no excuse!
Con Slow release cycle
Con Updated
It needs much to improve for mobile games, it was left in the era of Flash games. In Android you can not even put the native keyboard, you can not access things like native camera, GPS or native text input.
Con Tile system is somewhat inflexible
Con ShiVa 2.0 has been worked on for nearly 4 years!
After 4 years of development and promises ShiVa 2.0 has JUST gotten into beta access.

Con Outdated
The current version 1.9.2 of ShiVa was released in December 2013. While there is active development on version 2.0, its beta is available only to paid licensees of the current version.
Con High Cost
Costs $200 for the basic version alone, which allows you to publish to any format other than web. The Team/Pro version costs $1000
