And by "weapon-balanced" I mean no weapon specialization. I'm sick to death of being a wolver-wearing sworder, but I don't want to abandon swords altogether. Is there any interesting gear that doesn't make you specialize? I'm okay with monster family-specialization, although I'm having trouble seeing the appeal.
I know Chaos Cloak used to be some of the worst in the game. Is it still crappy after the buff?
Well i do suppose you could have a combination of Drake Scale and Magic or something similar, but I don't have any experiance with these set of armors. Alot of the other armors are outclassed by the Wolver set however, and you could just go with it along with a sword + gun, or gunslinger if that suits yer fancy. Perhaps even Wolver/Gunslinger if you are willing to go there.
Have a look at the wiki for a list of sets if you haven't already, you'll see some sets have quite a downside or not enough of an upside to them and are generally unappealing over wolver.
I myself went to the gunslinger path and up to ShadowSun leading its buff.