I do that but only because there is really nothing else worth having. What little gear there is available is long outdated or underwhelming. Stat bonuses are about 4+ points behind random loot.
Gearing up every 5 levels or so is one of my favorite parts of DDO. It gives me a sense of advancement, improvement and achievement.

Can we get some worthwhile intermediary epic gear at some point? Preferably in the 25/26 slot.