I like it. I'm not lvl 50 yet, but I can make armor that is ten times better then drops or boss or even FP's. Plus I'm not wearing what everybody else is wearing, and I love that.
Only thing I don't like is the repair cost when you die, wear all purple.
I was having trouble making money on the GTN, but since I read that selling the tank spec armor is the money maker I am going to start making some for more then just my companion.
Just My opinion.