I'm on FV where it's very easy to do this kind of twinking. I keep a bag or two with my "twink gear" which mainly consists of all-all stuff wearable at level 1 mostly with 150-160 hp/mana. There's better stuff but it costs a lot more and with this 150-160pt stuff you can usually twink a level 1 toon to beyond 2000hp/mana and that's usually enough to make them "godly" for at least 20 levels, especially with damage shield and HP buffs from druid/cleric. A weapon like the smoldering brand which procs a dd at level 1 is nice for extra dps, or at least to ensure that if the DS does the bulk of the damage, the twinkee does enough of his own to get the XP for the kill.
Much harder to twink on other servers, especially since they nerfed the old enchanter recipes which could be used to make 65hp/mana rings, 65hp/mana neck and 45 hp/mana ears, and IIRC 25/hpmana wrist. I guess the powers-that-be at Sony thought those items were too powerful at level 1 so they altered the recipes to require a high level minimum to wear. The original "no level" stuff is still "in game" but since the recipes were removed years ago, they're now quite hard to come by.
Edited, Jun 28th 2013 2:32pm by Sippin