I think that it's a great idea. Frankly, I don't know if the pbase is going to go up again anytime soon, so it might actually be a permanent solution. As it is, just about everyone shares equipment between their hiatus chars anyway because there isn't much left for people to use, unless you're part of the group that's looted everyone. When I wanted to make weapons for my char, it took me over 3 months, and I was an armour tinker and had an elementalist in hiatus that I used. That's rediculous. I shouldn't have to wait 3 months to make weapons when I have the resources and the characters to do it. Let's not even get started on armour.

Frankly, I don't see why there aren't NPCs to offer better goods than iron at elevated prices, but that's a different topic.