Well I think there is a few ways to settle things and kind of put them in the middle.
Don't put it on the Forgers EoD is right there are not enough of them to begin with, prices will get jacked sky high and only the absolute richest will get them......kind not fair to the masses. In one aspect I do agree that forgers should have a chance at getting a random drop with a successful cycle or something but not on the scale that was proposed.
PLEASE reduce how much cash it is taking for drops to happen. Rare Items at the moment really are not so rare anymore so they shouldn't cost so much........
Don't close the AH, instead make it more of a rarity in itself. In other words make it so the AH is only open at certain times. At least for now anyway, it's sad to see only a few items for sale and those were from a few days to a week before. My suggestion is make it like the good ole fashioned ones were, pick a night or two in the week and have a blowout( 24 hours should suffice) and then have the rest of the time off.
As a Side Note: Reduce Spawning and have another outlet for it say a special section in the AH(with the above proposed change), Store, or Businesses "Blacksmith Specials".
Just a few thoughts.....