perhaps you're right about deadric. i haven't played in 10 months and even then my character was already level 30 before 1.04 (on ps3). i did have the luxery of power leveling smithing with iron daggers. i heard it is impossible now a days to have a level 10 character with deadric armor.
however smithing your own armor is Always cheaper then buying in shops. and ingots can be mined from game start (you can use this wiki to find the mines)