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Since metal armor sucks and you can't make weapons with cloth or leather, my smith makes weapons and my tailor makes armor. Simple enough.
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Oh, ye of little faith in EA's ability to make your simple decision a little tougher!
From the patch notes..
Certain Dragons have been buffed; they are now more powerful than Cu-Sidhe, Reptalons, or Hiryus but take 5 control slots
I wonder how "easy" your choice will be when leather is in shorter supply, since I doubt they'll be as easy to farm anymore. Who knows? Maybe you'll just pay the piper.
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Oh, and just a reminder to all who read, I'm a smith AND a tailor, so really in the end, other than style choice, it makes no difference to me. However, I really DO believe that metal should protect better than leather, at least against SOME things, to make it a real choice.
And, by the way, I'd like to point out that other than buying the ingots from players, metal armor requires a secondary skill to make it: You gotta have Mining to get the ingots. Should we make a skill called Skinning for leather armor?