I can really only speak from personal experience -- My wood elf is 188 blacksmith (highest for now, I believe) Since he was wood elf he was able to make Fier`Dal Fletching Kits until visors became more profitable. You may want to check into racial smithing. A lot of it has not been released yet so goodluck with your search (to include needles and enchanted chainmail).
As for the multiple tradeskills being 200+ rumor? As I recall, this was changed later. Not sure how it is on P99 (It *should* allow you to master more than 1 tradeskill if it is following "classic" timeline.)
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