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Well, you have several options here -
1) Skip the quest - you do not need to do the Algamesh Amulet quest. Doing it gives you a potion which is effective against the Naga at the Serpent Temple but you can defeat her without the potion.
2) Revert the game or Reset the Adventures or Reload - you're still earlier enough in the game that starting over WITH your current characters might not be a bad option. They will have the opportunity to gain extra experience and since you have already invested in repairing and identifying items, you could skip doing so the second time and sell all the stuff for the money you want to join guilds.
Yes you will be able to eventually ID items yourself. YOu will need to reach 3rd GUILD level in the Temple or Magic guilds and learn Ancient Lore AND Artifacts. The higher the skill level in artifacts the more important magic items you will be able to successfully identify!
Hope that helps!!
Wyv
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