True. Spears are still the absolute worst weapon you can have in the game (not including knives and other ****). The only time a professional soldier with a spear can kill another soldier, is when the other guy also has a spear and is lower level. I bet that even a peasant with a wooden staff could beat a Rhodok trained spearman in a 1 vs 1 fight.
And even if a spearman was able to stop a charger, he wouldn't cause that much damage, and would only be killed an isntant later when the horseman turns his horse so that he can swing his blade.