So as it stands crafted armor is total crap compared to fully moddable oranges. Even with augment slots... which are insanely rare. Personally... to make it even remotely worth it I think all crafted gear should have an augment slot.
So basically... do anything that isn't an armor crafting profession.
In addition to what everyone else has said, if you're getting mats while doing dailies, making augment kits can be very profitable. Though I do wonder from time to time whether I should have gone with Biochem instead of Armour (for a Rakata stim during PvP).