Not sure what you mean: Ancient Knowledge does affect weapons. 593 on a bow is an improvement you can only get with the perk.
On the swords vs Maces discussion:
No offense, but imho it's rather pointless to compare both weapons on one-shot opponents like bandits. Unless they don't die in one hit. Interesting values would be Draugr Overlords and the rest of the rather tough guys, including dragons of course. Basically anything with a health pool significanty enough. Can you get HP values via console?
Damn, why did I get the game for Xbox... I used to play on PC like you. Then I took an arrow in the knee...
Thanks to a scaling bug, my newly made lvl 5 orc warrior met six death lords and as many wights at the end of first real Companion dungeon quest
Made off with a nice haul of ebony weapons though!
Anyhoo, all draugr seem to have exactly 2 armor. Dunno if they get the hidden armor bonus as well, but if they do, they'll have up to 102 armor.
Ironically, bandits seems to be some of the better armored opponents in the game.
HP values can be seen with the 'getavinfo health' command. Stamina/magicka and most other stats too, except level it seems.
Confused and sorry for jumping in so late, but how do you get these armor numbers?
5 or 6 perks to hit armor cap with just iron? I don't get it. Is this assuming 100 Alchemy and lots of +Smithing potions? Or lots of +Enchant gear, then craft +Smithing potions, then smith the iron armor? Totally confused here. Simply crafting iron armor with 100 Smithing results in an armor rating of 368 or so (that's with 5/5 Juggernaut and Well Fitted and 100 Heavy Armor) -- no where near the cap. What am I missing?
Yes, you need to do this, with all professions maxed and properly perked:
Your process should look something like this:
Purchase and Drink a Fortify Enchantment potion (>=25%)
Fortify Alchemy enchantments 28% x4
Fortify Enchantment potions 32%
Fortify Alchemy enchantments 29% x4
Fortify Smithing enchantments 29% x4
Fortify Smithing potions 130%
Your smithing skill doesn't matter when you first craft your weapons and armor though - only when you improve them.