Trash? Hmm my Skyshrine gauntlents (cleric) have worse stats then this (except they have wisdom). Check out some of the stats on the other suits of armor from Thurg. You beastlord got a sweet deal out of Velious.
50hp and 40mana on gloves is actually really nice for Thurg quest gear. Not sure of all classes, but for sure check Necro and Wizard. There is no comparison, these are much nicer.
Geez what trash almost all the leather thurg quest armors suck big time except the chestplate and maybe the bracers. For all the trouble you have to go thru to get this garbage it is a shame it is so flappy.