Cosmic Schwung said:
This game has so many options when it comes to making kit that I'm completely lost. I guess I'm worried of wasting loot on equipment that'll be obsolete after a brief period, so all I've made up to this point is a greatsword.
I know exactly how you feel about holding back on upgrading due to the fear of your equipment becoming obsolete in a matter of hours, but like botticus said, there's unlimited materials out there... it's just a matter of putting in the time to gather them.
Also, you may want to hold onto some of the most basic pieces... for instance, my leather armor set offers all kinds of gathering bonuses. It's got +10 to speed gathering, and with a few decorations, a full +15 to gather and a full +15 to whim, so if I ever need materials, I just slap that set on and get to it... I've gone about 12 hours since having it up to that level, and I have still not broken a mega pickaxe or mega bug net... and I have SO many raw materials it's ridiculous.
Basically what I'm trying to say is that not everything will be obsolete, so don't be afraid to upgrade. Different sets will be useful for different situations... if you're heading off in a relatively non-threatening direction, don't be afraid to equip some lower-level stuff if the bonuses will help you.