Way it should've been from the start honestly. I'm finding myself using literally whatever I come across (loot). I haven't even improved my Armor rating by Smithing, or my Weapons really for that matter. I've mostly been using an Elven Sword/Bow until I came across a Glass Bow/Glass Sword now and am using those (non-improved).
Really does change the way you play. But now Iron's almost obsolete because of it, IMO.
What do you guys/gals think? Do you like/dislike the nerf?