It's all about the charms that you put in your equipment, if you use the highest charms (the ones that give 5+ statistic points - Divine charms) then you can create a pretty strong character but the trouble is finding them.
That's interesting, I haven't had any trouble finding charms. I'm most of the way through FoV on my 2nd playthrough and I have 17 divine charms on my armor, weapons and jewellery, and another 10 in storage. And just as many lesser charms.
I don't change weapons, armor, etc., very much. Once I find something that works well I stick with it. So since all items have no more than 3 charm slots I usually hold off adding charms until I have blessed or divine ones. But once everything has been charmed additional charms aren't much use.
While enchantments are good I've found that most good weapons you find have some enchantments. The problem with adding enchantments is finding the ingredients. I don't always have the patience to run around filling up my pack with every stone or plant in the area. And every time I send Tom, Dick or Harry out they just come back badly chewed up and I have to keep paying to heal them and equip them. I would personally much rather be out exploring than dealing with all that administrative stuff, so while I've done some enchanting and some alchemy it hasn't been a really big part of the game for me, perhaps if I do a playthrough on nightmare I will have to pay more attention to those parts of the game.
