Seeing as we cannot modify our own armor anymore, what is the use of the craft armor skill that some of us chums keep piling skill points into?

There is currently no specific use for Craft Armor and Craft Weapon. This may change at some point in the future; in fact, I may nab one of those for use as Herbalism / Survival / Wilderness Lore. Not sure yet.

Gotcha. I'll stop throwing points into it for the time being.