Dentin is very correct about sets becoming more powerful.
When i played around 1997 there was some insanely powerful pieces of eq, like for instance the adamantium gauntlets were 12 or 16ac and 2/2 1dex. Or titanium eq also. The problem was that there is not eq like that for every wear location, so even though you have some super items, your set as a whole is not as good as it can be now. I remember having to enchant cityguard eq to try and get a cl on it here and there for missing cl spots, even though we had canes loading, castlevel sets were not as powerful (i think we were missing wrists and feet castlevel). Plus we didnt have as wide or an array of spells to chose from.
There is also a lot more save eq to chose from nowadays, the benefits of a full save set are huge.
So although small dents may make it seem like stuff is getting worse, on the long term i think the obvious trend is players becoming more powerful.
-cria
While I'll mostly agree with dentin, to be fair, cria, there were also gauntlets of striking with 6/6/8 attacks, and canes, and all sorts of funsies eq if you were willing to run such things.
You would be SO surprised what loads, these days, however! The most trouble I have is getting rared out eq to build, if I want something. Most EQ is pretty attainable, except for those one or two pieces that you have to go back in time for, like a cane or a fastest weapon.