Gear up how? No matter what I do I get something. I agree it's of little benefit if you are simply questing, but for instances it helps. If you outlevel the instance, then maybe not as much...but by then, you have all the quest gear anyway.

So, if you mean "don't bother running normal Nexus 50 times to get the drop you want", then I can understand.

Buying or crafting epic gear has always been an option. Really, to eaches own how you want to play the game. Your approach is not a bad path though, but likely not very fun for a lot of people.