My favorite character style is the one I have now: Nord, lvl 32, light armor, 1h (war axe mainly), block, archery, restoration. I do not improve the weapons/armor that I find, which is a major reason I like this build so much. I do use sneak a little bit, but very rare and only in tough situations, I do not add perks to it though; the only skills that get perks are the above mentioned. I've collected lots of armor that boosts attacks or provides reistance to fire, frost and lightning, so dragons and mages are slightly easier than they used to be.
This is a very hard style to play, decisions are critical, and it's impossible to face something that's above your level. I do, however, have a wonderful Elven blade that I found which has 20 drain health, so in some situations I can take higher level enemies by stealing their life to replenish mine. It's very soul thirsty though, I find myself periodically delving into Dwemer ruins in search of filled gems to feed its lust (soul trapping isn't allowed, so empty ones won't do).