[QUOTE=Thrifalas]It does indeed. I believe the second "best" armor in the game is the -4, from some drow armors in the underdark which will disintegrate anyway. Apart from that, there are various armors that will give you -2. I have to say that -10 pretty much rips that apart, making the Big Metal Unit very usefull. I think I hit -30 AC with my fighter/mage wearing this armor, which is pretty neat.
It's nowhere near the "best armor" in the game, though, as AC doesn't matter that much in the end. Melissan, Demogorgon, The Ravager and every other big meanie will hit you anyway. Flesh Armor+5 and Robe of Vecna is way more usefull. I love the White Dragon Armor myself.
There aren't many very fancy armors in the game, come to think of it. Not anything that can match the ridiculous overpowerness of Carsomyr and similar items.

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na if u have ascension melissons lackys almost always bash u to death with melee or range weapon, only sendi and iranicous and mellison herself( which is Fighter and mage) uses alot of magic.. and demogorgon also summons tones of melee based creatures
Ravengor is all or most melee..