[Chewbacca]

The toolset gives a fair idea (though not always perfect) of the appropriate level for a particular item.

Under the general tab in an item's properties is a line for 'required level', its right under 'required lore' and right above 'category'. This gives a ball-park figure on what level character would typically use such an item.

Also consider that things like the new on-hit property that fire pretty spells everytime you make or take a hit can cause severe server lag in the course of a battle. A chainlightning or missle storm spell going off 6 times a round can bring aserver to a crawl just by one character having such items, much less a whole party or a bunch of monsters with such items. Use the on-hit property with great care and consideration, particularly with some of the flashy graphic intensive spells.