I'm also wondering about long swords, vs. short swords, vs. daggers. Currently, I'm using a glass dagger just because I happened upon a good drop and was previously using a elven long sword. I have mixed feelings about the weapons. Current, my blades skill is 38. I'm doing 7 points of damage with the glass dagger, and was doing 8 with the long sword. However, I think that the dagger (in this situation) is the superior weapon because it also attacks 40% faster. I'd rather stick with the dagger (it's a lot lighter so I can carry more loot), but the impression that I get is that daggers might be a little more superior in the beginning, but eventually the speed advantage gets outclassed by the damage differential when you skill gets high enough. You could say that this applies to armor, too. Lower level armor might be better for the weight, and at low skill levels it doesn't really matter much. Later on, however, it will matter. Anyway, am I right about this effect. If so, is there any reason to use daggers later on? And what good are shortswords in general? It seems that at low skill levels, you're better off with a dagger and at high skill levels you're better off with a long sword.
Lastly, clothing. I'm finding tons of clothes in the game, but I'm not bothering with any of it since they have pretty much no benefit (unless you're playing mage heavy, then they spell effectiveness matters). Are there any clothes out there that make it worth ditching armor entirely? The only non-mundane piece of clothing I found (in 10 levels) was some vest that gives a very ironic boost to light armor.