I just put my gear up in the Mender's Ward with a few thousand gil and it gets repaired within a couple hours.

That aside though, I agree that weapons degrade at a ridiculous rate still. A couple of days ago I logged on and grabbed all my 100% repaired gear from my retainer and went off to kill some levequest baddies. After ONE leve, my lance was already at 89%. That's 8 monsters, for 11% of my weapon durability, in other words roughly 1.5% (or EXACTLY 1.375%) of my lance's durability PER MONSTER. That is absolutely ridiculous.

(Pre-emptive NO on the "don't equip gear higher rank than you" comment. It's a Rank 28 Iron Lance on a Rank 34 Lancer, don't be stupid and don't say stupid things.)