I beat the whole game without:
Forged items:
Crom Fayer
Wave
Mace of Disruption+2
Gesen Bow
Silver Sword
The equalizer
Equipment:
Sunstone bullets
ALL axes
Crossbow+4
Flail of the Ages
Blackmist+4
Dragon's Breath+4
Dragon's Bane+3
ALL katanas (except for regular+1 and +2)
Elven Court Bow
Heartseeker+3
Ripper+2
Blade of Roses+3
Handmaiden's Mace
Jerod's Mace
ALL scimitars
Tasheron's Bow
Tuigan Bow
ALL short swords except for Backstabbing, Arbane's, +1, +2
ALL slings and darts except for Arla's Dragonbane
ALL spears except for the Impaler
Rod of Smiting
Martial Staff +3
Rod of Resurrection
Staff of Arundel
Staff of the Magi
Cursed Berserking Sword
Harbinger+3
Joril's Dagger+3
Lilarcor
Soul Reaver
Unholy Reaver
ALL clubs
ALL warhammers except for Hammer of Thunderbolts
In addition, I beat MOST of the game (except for after-Underdark Chapters) without:
Adjatha
Daystar
Carsomyr
Warblade+4
Mana Bow+4
Staff of the High Forest+4
Blackrazor
and either of the Dragon Armors