You should be aware, if your going to use smithing and enchanting to its fullest, it will completely break the game, and its far quicker to just toggle god mode through the console. I did not realize how broken it was when i figured it out early on, but after being able to one shot everything in the game at level 33 i restored an old save and put limits on what i enchant, and how i smith items to still allow combat to be a challange.
Does that hold true if you don't exploit potions? I'd like to stick with smithing and enchanting, but I have no interest in using potions to arbitrarily boost it. Will the game still be too easy?