You all make some very good points. I guess I don't really need L70 gear just because I'm L70 if I'm only doing L60 content and it's already too easy.

It is kind of confusing but I'm currently at ilvl 341 just using my L70 Bard gear and accessories I bought pretty cheaply on the MB so I guess I will just quit worrying about it and enjoy the story

Once I hit L80 none of this will matter anymore anyway.