Well lets discus weapons !!
First if you click the Ka Nife near your feet in your paperdoll it will have a list of what has what ability =)
Champ weapons, the good ones , have Whirlwind ability , Life/Mana Leeches 40+ and hit lower defense 40+
Your gonna want to put self repair 3-5 depending on what you champ , 5 for slimes cause they have acid armor which will kill your weapon quick..
Put only 10% hit spells and areas , youll be hitting multi targets and it checks each
Spell Channel is a good one too.
Use Vamp form for added life leech and immune to most poison , also use Consecrate Weapon on the harder guys resistances like poison eles. Use Curse Weapon on hard hitting for even more life leech. =)
Base Element I like Verite or Valorite because it does a wide range of damage types for all the resistances you'll be fighting.
PvP
Youll want a nice high hit spell (not dispell) higher Hit lower defense mainly but hit lower attack is nice too. Remember if they have Hit Chance Increase 70+ and or Defense Chance Increase 70+ the hit lowers that effect them areas wont effect them. Leeches are ok but in a long fight only... so don't worry about getting them as much on the base weapon. You'll want to max hit lowers on creation because they take 8 points per , to where the hit spells only 5.. Max Fireball first because we all, even elf, have 70 fire max , lightning second then harm , arrow does not do much but hey a hits a hit.. No areas are needed in PvP.
Base type of weapon should be based on what abilities you like, Mortal strike is a good one =)
Base Elemental Damage for PvP should be anything without Phys damage. try for Poison , Fire or Ice cause we all max at 70 for that , don't need to spam that Consecrate (although it helps)
Im sort of new to the PvP so I hope we can get a nice Vet PvP'er to post some basic ideas.....
Equips
You could build a PvP suit and an PvM suit if you wish but for the most part the items are the same..
Magi Robe OR Vamp Robe
Magi Arms
Magi Neck / Gensis
Pirate Earrings / Elements
Chest of anything you like.. Astro Daemon is good.
Legs of anything you like... Astro Daemon is good.
Skull of Vecna / Astro Daemon.
Talisman of Flame , Mythral , or Bloodwood
Ring of what you need lol ( I use Crystaline Ring. )
Bracelet of what you need ( I use Grizzled Clasp. )
Green Tunic
Antiquity / Hardworker
Mirrior Shield
Stealthy Boots (1mil on gray stone in red city) or tomb sandles.
Magi Cloak
Tangle
Most of this is quested or looted , so they wont be too expensive =)
This is generalized equipment used in both PvP and PvM to really have them shine you can get sockets on them , up to 5 on the ones you can socket..
I recommend 2 healing , 2 parry , one anatomy , or 3 parry. per item.
Sockets from High end Large BoD Smiths , random if rewarded 1-5 sockets. Augs looted allot from spiders in dreadhorn/mushroom cave with pets killing and luck suit on.
Or buy with ED 50 per empty socket , or if you have the aug already 50 to put it in. OR Buy the aug for 50 and another 50 to put it in. From what I hear you DONT need an empty socket to put an aug in with GM help for 50ed. But still max 5 per =)
I could be way off but it works for me lol