The first time I saw a Sorc with one of those pointy witches hats, not sure what armor set it is, PvE set of some sort, I just fell about laughing, kind of broke the game immersion a little bit, lol
Then we could mention the Mara armor that has Metal Working vices on the shoulders, lol
"Hang on Darth, I just need to cut this 3 quarter inch cooper tube, got a leaky rad, then i'll be right with ya for some killing"
Fantastic post OP
And tbh, I think they simply ran out of time, because some of the armor as you state is very very good, but yes, the end game armor is truly horrific, both PvP and PvE.