To be honest, 3.2 changed a lot when they finally made crafting gear more on par with the current raid. We've gotten new tiers of crafting gear in 3.2 and 3.4 and it seems to be a very good system and it's great for the economy. You could literally get crafting gear and just forget tome gear.
Granted the crafting gear cost a lot but this is where your FreeCompany will come into play.