Interesting to note that the weapons are no longer (or never specified to be) physical weapons, but just skins you can place over the weapon of that type you already have equipped. I'll have to go back and check on the armor, but that may be the same way. The mini pets are physical items, and the ranger pets are versions unique to similar pets otherwise (e.g. black moa = flamingo).
I guess I'm somewhat disappointed that I don't get "free weapons" out of the deal, but I can understand the logic of not giving even a slight advantage from this (non HoM peeps have to get the weapons from drops/merchants).