As of Patch 1.5, there is a new quest chain set of armor. To complete the set, it involves having five level 30 characters on the same server on the same account. Each character completes the quest for one piece of the armor set.
You can then transfer the armor pieces (and weapon once you've completed the armor set) between your characters and complete a mini-quest to change them from cloth, leather, chain, or plate into whatever you need (e.g. Change it from cloth to plate). There is a ton more info here for the level 30 set Daevanion Set Items - Elyos for Elyos, including a step-by-step walkthrough of the quest. Look here Elyos lv50 Daevonian set quest outline and here LV50 Daevonian Armor Confirmed Requirements for more information about the level 50 set.
The question now is: How viable are Tailoring and Armorsmithing (and Weaponsmithing for that matter) now that you can quest a set that's worth keeping from level 30-50? The answer is: How many alts are you leveling to 30? For ... more.
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