OKay, honestly, I'm a bit confused by the masterwork HR(s)...
Are you saying to add special benefits off of that list to our items (specifically weapons and armor), rather than the standard +1 attack bonus for a MWK weapon? (I'm fine with going along with it, and for reference, I spent +300 for the staff and +150 for my chain shirt, which would net me Exceptional and Excellent quality respectively... I think. Just not sure how I'm to handle it...)
I like the flavor, but the complexity/variety is a little bit to contend with... (and with me summoning armor from Savnok, how will that interact with the MWK rules?)