Kreugen, I understand your frustration, when I played my wizard, my first toon, I didn't get shit for drops, almost every item he has on him was purchased from the AH.
Since 1.06 though, the law of averages seems to have kicked into effect and gone in my favor, maybe it will for you also. I play a monk as my main now, and I actually have gotten lucky and gotten several upgrades worth tens of millions. Link to my monk:
http://us.battle.net/d3/en/profile/M.../hero/29408836
The Mempo's, Witching Hour, Strongarm bracers, and rare gloves were all drops. My rare ring I got lucky shopping on the AH and picked it up for 1.5 million, it's worth tens of millions imo. The Strongarm bracers actually replaced a pair of nice Lacuni's I had drop, but I like the PUR so I use those instead of the Lacunis. I also have gotten good drops to sell, I had an amulet with +200 str, 9.5 cc, 91% cd I sold for like 50 million.
I think part of it maybe is knowing what sells. For example, after I got my Strongarm bracers, I found out that having Pick Up Radius (PUR) on bracers and gloves adds millions to the value, which I didn't really factor in before. Weapons you might think are crappy, like 800 dps 1 handers, sell for millions if they have the right stats, like cd, ls, and a socket.
If you like the game at all, give it another go, you could get a Skorn that will up your dps significantly now for a few hundred thousand I would imagine. When I switched to my monk, his dps was like 40k. In the short time I've played him, I've made more gold on him than the hundreds of hours I played on my wizard, maybe like 100x more gold. I don't think I ever had a single item that sold for more than 10 million drop pre-1.06. Since then, I think I've sold more than 10 items worth more than 5 million. Before I would have never dreamed I could have afforded a 100% cd green gem, let alone two, and yet I've managed to buy those with just the money I've earned on my monk. Again, I realize I've been above-average on luck with drops with my monk, but I'd like to think that just evens out with all the crappy luck I had on my wizard. I hope the law of averages works in your favor as well.