This game is based on realism. To what extent however is unknown expect to those higher than myself.
Still you want the iron for that sword, then you want that perfect handle grip for your avatar... you will likely have to find the perfect handle then the perfect sword. And likely its avatar dependant.
Again, I don't know how things like that will work, but I do hope that "monster lot" of ubberness isn't ever going to be used, unless that ubberness has a downside or is a rare and infrequent event.
FYI, if its not clear, this is my personal view, and doesn't reflect the plans of the game.