I were so exited during the 1st act of the game when I decided to do a playthrough without trading. only loot from enemies and craft. and I were using recipes like "craft two-hander from tongs and etc." to keep my gear "up-to-date"
but later I've found that there are so much drops, that there is no need to craft weapons or armor...ever.
Indeed the craft is really underwhelming in this one. Still. I'm level 12 now and I found 2 hair from all the loot and vendor I saw... I prefered the craft in the first one, there was a point to craft each new level, here... meh.