I like the system, one it makes since, and two makes raise something that is needed in the party. I also prefer this over xp loss like they did in XI.

Ether make friends with some crafters and repair your stuff for cheap, or try crafting out so you can repair your own gear. The other option I liked was take another set of gear with you.

Hopefully crafters will take advantage of the need by the dungeons and camp out there doing repairs.