Don't worry, no dwarfs in their birthday suits. I had to phrase that last sentence carefully as it could have brought the wrong kinda traffic to this site. I don't change my gear often in WAR, as it isn't that important. Eventually, I saved up enough medallions and was able to upgrade.
To be honest, I don't even remember the last time I changed my gear. It has been at least 3 months since I started wearing the Conqueror/Annihilator combo. I never had any luck in the fortress battles, so medallions were the only way for me to replace my Annihilator equipment.
The last 2 items I needed cost me 60+ Conqueror Crests (converted) and 300+ Officer Medallions. This was almost everything I had earned since they put the tokens in the game.
My Renown Rank is 55, so I could also wear Invader equipment, of which I have the boots and gloves. Rather then jumping to Invader, I wanted to check out the full Conqueror set. I really like WAR's art style (as opposed to Aion). I think Tirew here looks awesome.
The backpack has gotten me a few whispers. I got it from the Auction House guy in the Inevitable City. It felt a bit bulky at first, but how can I not wear it?