She has some clue what a magician is, yes. Not even just because Strange was showing her earlier some of the things he could do with magic, but also because magic tricks exist in her time and universe, just nothing on the scale of actual magic. Nothing on the scale of this. She had no idea magic could be used in that way.

Five nods, looks around while still holding on to his arm with a lighter grip now, like she's a little distracted, or maybe it's her mind still trying to work through the Prince's brainwashing.

"Yeah... It's a mess. Can't dance here anymore." It's such a silly thing to say and spoken in a dazed voice anyway, but there it is.