
The game is only unbalanced in that sense if you make it that way. Simply limit your smithing/enchanting, and your problem will be solved. Do you even realize what you're complaining about? "I used my smithing to get the best gear, and then I enchanted the gear so that it resists a ridiculous amount of damage and my weapons do a ridiculous amount of damage, but now I'm upset because I don't take damage and I do a lot of damage".
Good lord...
You don't even have to enchant. Just go buy 20 ~ 30% gear which are readily available from the vendors.
Oh wait, can't buy those either.
Basically, can't do ANYTHING to enhance your character because doing anything ends up breaking the game.

After a certain point, people don't notice you even if they're standing right against you!
