essentially they made it for gil buyers; at least that's the conclusion I've come to with how difficult it is to make (only hiking the cost higher) and with how much easier it is to get better equipment by actually working on your battle class.
The only way it would even be better than law gear would be to pentameld it with grade 4s; the only way it'd be better than esoterics gear, would be to pentameld it with grade 5s. As soon as you get alexander savage gear? it becomes a tablecloth.