First I was thinking about using the Lord Stone for an extra 25% magic resistance, but 50% spell absorption is too much better, and the 50% reduced magicka regeneration is an insignificant price to pay for 50% absorption, plus you also get +50 Magicka.
In these videos my Breton has 50% magic resistance (25% Breton, 15% agent of mara, 10% from alteration perk), and 50% permanent absorption from atronach, as well as the ability to cast Dragonskin once a day on top for a minute of full magic immunity and unlimited magicka regeneration vs spell casters. The results are simply so cheesy that people who are clueless about Bretons and Magic resistance / absorption think that this is cheating. (quite a lot of people btw because Bretons seem to be the least popular class even though they are irrefutably the most powerful for their racial bonus and power), but it is 100% achievable with hardly any effort in any game of Skyrim:
Entering the mage filled fort:
http://www.youtube.com/watch?v=zNMef-p84ao
Playing with and abusing enemy casters to level up (long vid):
http://www.youtube.com/watch?v=XKbDB08mNYQ
Boss fight at the end, far too easy because its a spell caster too:
http://www.youtube.com/watch?v=WFKE4A-NGd4
Its complete immunity to master difficulty spellcasters, plus infinite magicka, though master level warrior type enemies are a complete pain and difficult to handle, I normally just try to ignore those or temporarily drop the difficulty to adept if I am struggling even on Expert.