If you could economically reforge equipment to be at your level, it would solve a lot of issues
I somewhat agree (because everything is junk after 2 levels) but how to do it?
Money isn't an issue so it would make all later found items boring. Crafted stuff is shit too.
I don't know the answer apart from reducing the difference between levels (and then everyone will say mid-end game is too easy which it already is).
Perhaps you could only do it once or twice with a "bring this to my level" rune.