Tespia v.99 Thread

Very, very much so. This method is way more of a meso sink though (assuming you're just buying Level 35/40 gear and fusing those mostly for the Alchemy EXP), although if you're like me with massive amounts of misplaced luck, you can get stuff like the below in just three days worth of fatigue:

 Spoiler

It's not as a meso sink as you think. You can fuse Brown Skullcaps (500 mesos from an NPC) for Alchemy Exp. You get 3 fewer exp then fusing lvl 31-70 items, but it's much cheaper.

And before the shops run out of Skullcaps because everyone is going to fuse them: there's more cheap equipment like the lvl 10 class hats (800 mesos each).