[Baalz]

lightless lanterns
fire brands
boots of stone
blood stones (worth empowering one or two if you can get a small blood economy going)
charcoal shield
shield of beaten gold
marble armor

With boosters/randoms (you'll have several of each if you recruit a bunch of smiths, and hey, they're cheap):
dwarven hammers
chainmail of displacement
gate cleavers
astral caps
crystal coins
stymian wings
winged boots
owl quills
robe of shadows
lucky pendant
amulet of MR
flambeau
herald lance
crystal shield
slave/crystal matrixes


With Forge of the Ancients plus randoms/boosters - you can crank all this stuff out at about 30% cost when using a hammer
rods of the phoenix
robe of invulnerability
rings of sorcery
rings of wizardry
robe of the magi (assuming you empowered an air random smith for forging blood stones)
flame helm
winged helm
bag of winds
staff of storms
staff of elemental mastery