Its both. The current combat gear recipes are i180, which makes them pretty much worthless for progression raiding, even as starter gear thanks to the secondary stats nerf. However, they do look good. I've been selling pieces of this and that for glamour purposes, and there is demand for them (like all good glamour pieces). Not many people can afford it though, due to reasons you stated. I believe this issue will be solved once the mats are more available.
Even if that is the case, its no skin off your back. That means when they figure out they'll need the 700 gp later on, they'll be a potential buyer for the gear (which will be marked up due to demand :3). It's a win-win situation.
As an afterword, my thoughts are that the current system is only hostile if you insist to go omnicrafter come 3.1 . If you just buy i180 gear, you can reach the coveted "ez 2-star" status with minimum effort and cost. There are pros and cons of doing that, of course. Such as... the undyeable gear (yuck), and the inability to go omni till much later. But you save money on melds and the total cost is much cheaper per piece.
It is my belief that they put up so much roadblocks on the road of going omni because we will reap the most benefit when the new stuff(s) come.
I think I've said too much and starting to compromise myself lol ( alot of ultros crafters read the forum apparently >>) .
Whichever path you take, I wish you all success and a lot of fake internet money coming your way.


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