I was wondering how you guys equip your paladin.
Mine is an undead hunter and is wearing: Red Dragon Scale
Paladin bracers, carsomyr(of course), helm of balduran and also tell your statics;
str:19
dex:19
con:19
int:8
wis:17
Cha:19

I got thes statics fair and thet were all upgraded on level 4 or 5 of watcher's keep thanks to that wonderfull machine.

Helmet of Balduran
Armor of the Hart
Gauntlets of Weapon Expertise
Carsomyr OR Crom Faeyr+Fortress Shield
Boots of Speed
Greenstone Amulet (loot from Mordenkaine's Sword)
Gaxxring
Ring of Earth Elemental...
Girdle of Inertial Barrier OR Girdle of Frost/Stone/Hill Giant strenght (if you don't have Crom Faeyr equipped)
Cloak of Mirroring OR Cloak of the Sewers

This is for unpatched SoA only (without ToB and Watchers Keep, which holds some nice items too). I wouldn't use the Cloak of Mirroring in ToB for example because of the horrible new graphics.

Undead Hunter:
Lvl : 17
Hp : 138
AC : -12

wears :
Armour of the hart+3
Boots of speed
cloak of mirroring
Kaligun's amulet of magic resistance
Dragon helm
Gauntlets of dexterity
Ring of Gaxx
Girdle of bluntness

uses :
Crom Feyer and Fortress shield+3
OR Carsomyr OR Wave+4

stats :
STR : 25(with crom faeyr, 18/00 without)
CON : 16
DEX : 18
INT : 9
WIS : 15
CHA : 18