Let me start by saying I haven't played an Infinity Engine game, let alone Icewind Dale, in hour four years. Icewind Dale much longer than that.
Now, that said, I'm at a complete loss trying to remember what to watch out for to equip my party. I've got a Paladin (let Pale Justice go to waste? I think not!), a Fighter to be dual-classed to a Thief later on, a Bard, and a Cleric/Mage.
I'm closing in on the end of Dragon's Eye, and I just looted a Mage Dagger +2. "Aw, sweet, more spells!" Except unlike in the original IWD, it seems the class restrictions on these daggers have been tightened. I can't use it without being a pure mage-mage-mage.
Bummer, that, but no harm. Now I'm wondering what there is out there that I might be able to slap on my cleric/mage to best augment her spellcasting. Furthermore, is there elven chainmail in IWD1? I can't remember, and if so, are there two or more suits of it? One for the bard, one for the cleric would be awesome.