Hmmm, I seem to remember something about being level 45 for this, I could be wrong, but I kept going up and up in smithing and was at 250 before I realized it was a character level cap of 45 I thought, not the smithing cap that was stopping me.
EDIT: For advice: DON'T take smithing to make money, especially not armor-smithing
Edited, Sun Oct 30 14:36:29 2005 by Shrikke
Edited, Sun Oct 30 14:37:23 2005 by Shrikke