Literally, I use no more gear than would be considered "mid grade" An arabian cav sword, a plate shield, a rouncy, light crossbow, bolts, a heraldic tunic, medium strange greaves, a kettle hat, and mail gauntlets.
I'm using pretty much a light/mid-grade load out - nothing more. But one bad night (which there are lots because of banner balance) kills my bank account and all my gear breaks.
I've been wondering too - how the hell anyone affords 400K for a loom point too - because unless you play in cloth with a wooden stick for like 2 gens, you can't even remotely afford that.
Jim