I have one thing to say: Bioware, you guys ROCK!

The stuff you can craft via armormech is almost on par with instance or commendation gear of the same level after level 25 or so, and can be RE-ed to get a blue recipe as well. I'm sitting at level 42 and haven't had anything but weapons and implants to spend my commendations on for the last 10 levels thanks to armormech. Great skill, looks to be useful to get some starter heroic/raid gear after level 50 thanks to being able to reverse engineer blues and purples.