There are plenty of items out there that have no alignment specification. There are some very nice items that do have alignment specifications. There is right now an advantage to picking an alignment and pursuing it, but it's not going to make or break the game experience. There are plenty of LS/DS options in game to take you on whatever path you want to go. That being said, I don't know what the end-game gear is like. I'm also not planning on pursuing a neutral character--it's not 'Star Wars' to me unless you're playing good or evil.