Apparently, gear will not matter any longer(short of vanity) Its a little known video but MMORPG.com interviewed Craig(before he left) and crafting devs in a very in depth 50 minute video on the revamped crafting video.
Not many views on YouTube (its essentially a FULL reveal of the new system so I can see why people will like to keep it hush hush..so they can quietly collect up resources).. but go to youtube and type in "age of Conan crafting revamp revealed" in the search.
Anyhow EVERYTHING will be ingredients based and these precious ingredients will be found from everything in raids to random rare world drops. PvP gear will be craft able,this will change everything.Thanks funcom.