I recently created a new character on a different server and just went to the vendor or market board for gear for my level as I was somehow outpacing the content for the most part. If I did manage to get a dungeon item I'd hang on to it for a similar class if I was already past its usefulness. They don't need to change anything further in my opinion from how it is now. There are plenty of ways to earn gil to afford the vendor gear and you can also get good gear from levequests. Again, just my opinion on this.