I read about how well they go together for those who want maximum damage and/or resistances, but I've been wondering the maximum values for things such as smithing, if you have no smithing perks invested. Such as to what level can you improve any weapon or piece of armor. I've made a (Flawless) Ebony Bow, but can you go further and make it epic or legendary through the Alchemy/Enchanting loop?
Also, what's the maximum % increase you can get on your gear for alchemy and smithing through enchating? Still assuming you've taken no perks in enchanting?
If there's a thread about this, or a wiki or website article explaining these values, I'd greatly appreciate the information, as I've been extremely curious about them.