But more important,does it look cool?
I like the way it looks, though I think a full set of Daedric looks a lot more flashy, but that's just coming from a TES really devoted fan.
Edit: I believe Daedric can be found at the higher levels ( I'm guessing like 35ish and higher ), but Dragon, according to what I've read and understand, is completely Smithing-Only.
HOWEVER, I was watching the IGN livestream before the release of the game and the guy stumbled upon Dragonscale Gauntlets, but he claims to have never before seen anything Dragon related before whilst playing.