Let's put it like this. Last time I twinked out a toon (way before defiant), I made a War and made full sets of cultural armor upto the 60s with augs. This was the best stuff at the time other than a few twink pieces at lower levels and upto 65 when you could get Qvic raid armor, which I did on that toon. It took 1 day back then to get to 51 and start AAing, and a few weeks to get to the 60s and 100s of AAs. This was way before the AA bonus, but after the AA change that made it easier at lower levels.
With a tank merc and whatever defiant level gear you can find, you can do 50 in 4hrs or less if you know what you're doing and don't obsess about getting every spell and discipline (although, if you have platinum, it's easy now, since everything rank 1 or no rank upto level 90 is available in pok and whole level ranges on single NPCs to take out all of the searching).
Get to 59, and buy the Elaborate Defiant gear (will cost you < 10Kp if you shop around and don't pay extraordinary amounts for each piece. Only the rare chest should cost over 1Kp, the rest you should be able to buy for 1-300p each (legs might be closer to 1K or slightly over, depending on how many are availabl; they're pretty rare too). Get Palladium Trio jewelry and Round Cut Opals and Peridots for the slot 10s, and Square Cut Taaffeites or better (Underfoot Diamonds are the best) for the slot 11s. May want to mix in some other cuts to balance the stats out. With just the Taaffeites for all jewelry pieces (2x Wrist, 2x Finger, 2x Ear, Neck, and Face) at level 59 (doesn't max out till 60), you'll have +312 AC, +152 Str, Sta, Agi, and Cha and +312 to all Resists but Corruption, +2488 HPs (more if you have bought some AAs, like Natural Durability rank 3), +1560 Endurance. This is not to mention the defiant stuff. See https://everquest.allakhazam.com/search.html?q=elaborate+defiant+chain
. The jewelry may cost some, but probably around 20K for a full set, unless you can find Taaffeites or Underfoot Diamonds cheap (seems like close to 2K for those normally, and need 8 of each stone. The Opals and Peridots are cheap (like 20-40p)).
With all that, you'll be maxed on most stats, if not all, and close, if not maxed on the others like Int and Wis and Dex. And +1155 Hps from just the defiant without wrists (Use the trio wrists), plus tons of mod2s from the defiant gear. Do the Franklin Teak (in PoK near Guild Lobby) hotzone tasks for a hasted waist, defiant back and shoulders pieces, as well as some cash.
Just the defiant and jewelry, and assuming you bought ND3 AA, you'll be around 9.5K unbuffed. Get to 61+ for some of the best in-game buffs and you'll be well over 14K when fully buffed. You can get the jewelry pieces earlier, like gold at 20, as the settings are cheap to replace, and the gold will last till you get the Palladium ones at 55+.
If you wait till 59 to buy all this stuff, you'll only take about 1-2hrs to get it all (probably less without having to go to an aug bath to aug the gear / jewelry), unless you have to shop several times for the defiant gear (sometimes, or most of the time, not every slot of elaborate defiant is available).
The point of all this, if you spend a ton of time and money twinking out now-a-days, you're just throwing your time and money away. Because, twinked out, you'll level out of range of the stuff in a day, and even without being twinked, if you get a tank merc, they'll basically power level (if you don't want to do any work or try to keep your skill ups, other than pulling mobs) to the 60s and with lots of AAs, if you want. I generally help out, and try to get beat on by mobs a little bit to keep defensive skills up while leveling, along with weapons and offensive skills.
So you can spend 300+K, and days trying to get all that stuff, or about <2K on a merc while leveling up and do it in a day, and have all that money to spend a fraction of it on stuff that's going to last weeks (longer as you get higher levels and AAs).
I haven't really twinked out a toon since 2008 (when I did the aforementioned Warrior), other than buying melee and/or hybrids good starter weapons, as defiant ratio isn't very good at any level.
EDIT: Got so wrapped in why traditional twinking isn't worth it any more, that I forgot to answer the other questions. Yes, on FV you can trade alot of normally no trade stuff, but not everything. Look it up on http://eqitems.13th-floor.org and on the Raw data page, and look at the fvnodrop entry. If it's non-zero, then it's no trade on FV as well. I recommend that site, because Lucy / Alla isn't correctly parsing that entry at the moment. Epics are the most commonly notable items on FV that can't be traded. Yes their end game is not up to par with other servers. Xegony has a good end game, and used to have open raids when it was Druzzil, but I'm not sure if any guilds are hosting open raids there any more or not. I'm not real active in the in-game community any more, and usually only log on to test stuff out, do some in-game research or just to waste some time.
Someone reported being mostly maxed at level 20 in a recent thread (might have been on Sony EQ forums) with just defiant, and probably gold trio jewelry. (This was just defiant gear and probably the Gold trio jewelry, it wasn't twinked out).
EDIT 2: Magelo character, 59 Clr no AAs, only palladium trio with square and marquise cut underfoot diamonds and defiant plate / adept's gear. No weapons, ranged, or charm, and no augs other than the trio stuff. http://eq.magelo.com/profile/2390040 - 8950 HPs, add another 10% with Natural Durability 3 AAs.
Yther Ore. Edited, Feb 28th 2013 12:20pm by Yther Edited, Feb 28th 2013 12:41pm by Yther Fixed some typos and grammatical errors, and added some clarifying statments Edited, Mar 1st 2013 8:22am by Yther