After my first char, I will never invest more than 2 perks in it. That is just to get the Arcane perk. There is no need to go any further. The first time I crafted the Dragon armor I laughed. It made my character look like one of the Flintstones.
Thank you, that made me laugh. I always felt that something was very wrong in a comical way (or comical in a very
wrong way) about how the dragonbone armor looks and you made the connection for me. It's not
bad, it's just not as good as it could be. Some dragonbone/dragonscale weapons would help justify the 100 Smithing skill required for this perk. As it is, it seems to be best used for armoring your companions.
And I too prefer the look of Steel armor on my Nord warrior. With perks, (non-abused) alchemy and enchanting-fortified smithing, it can reach the armor cap quite handily, and Skyforge Steel weapons are some of the best available.