Thinking specifically of the enchanting effect, but I guess the same question applies to Alchemy as well.
It seems like the effect of, say, a Fortify Light Armor enchantment would be pretty miniscule. My math is probably off, but a quick perusal of UESP seemed to indicate that at 100 skill, with all relevant Enchanting perks, you'd be able to make a Fortify Light Armor enchantment that grants something like 33 points of AR.
Is that right?
Anyone use these enchantments?