Dont think that the Blacksmith is balanced properly, use adamantium and redwood to make a scythe, and got bronse.. like I can understand a chance to get a lower result, but that takes the piss. I suggest making it 1 degree of quality either way.. this tier 1 equipment from higher lvl equipment also happened from steel armour for me on a few attempts.. (still not got steel armour).
Excellent game for far, can definitely see the potential. A suggestion would be to have a sell items to the trader option, and possibly a more notable, or obvious way of going a soft/prestige reset. Otherwise, I Haven't' come across much else that I would adapt as yet.