"There would be room for greater variety in armor and shields, if more of the game forced us to adopt defensive postures."
"* Currently the game is too offense-oriented. I'd like to see more enemies that force you to take a defensive stance. This could make many more armor sets desirable, heavy swords more desirable, etc."
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What would you do if you were put in charge of designing a new set of levels to address this issue? You can come up with whatever you need to.
Many loadouts work, some of the best involve super-specialized gear (Dragon Scale), and Chaos outperforms all other armor under the right conditions (status UVs, skill, fast computer and connection). And it all varies by character class and who is in your party. So, to narrow down the task, I'll restrict myself to hybrids, using fairly common armor and weapons, including appropriate defense, not including Chaos. Also I'll use only two weapon slots and no vortex bombs. (A vortex bomb is almost always useful. Consider it my third weapon, if you like.) Barbarous Thorn Shield and Swiftstrike Buckler are options in all of these loadouts.
* Legion of Almire: Black Kat, Snarbolax, or Shadowsun. Combuster and Blitz.
* Ghosts in the Machine: Divine, Perfect Seerus, or Vog Cub. Grey Owlite. Combuster and Nova/Magma Driver.
* Compound 42: Vog Cub, Perfect Seerus, or Volcanic Demo. Any fire shield. Gran Faust/Acheron, Umbra, or Dark Retribution.
* Heart of Ice: Black Kat, Snarbolax, or Shadowsun. You want tons of freeze protection. Dread Skelly or Crest of Almire. Final Flourish/Barbarous Thorn Blade, Blitz Needle, Dark Briar Barrage, or Combuster/WRH.