Unless you intend to use spells from only one or two schools then you still need to invest on magic. Archmage robes are not really worth it as you can enchant much better robes yourself.
?, i didn't get that, if i cumulate 4 items with mana cost reduction of 25%, with a total of 100% of mana cost reduction, only 1 or 2 schools get the proper benefit from that? Well, i didn't antecipate that TT, about the heavy armor/alteration chose, i see u have some experience with pure mages, what would you think to be the best chose among these 2 perks?