Actually I didn't noticed you changed the damage reduction form pierce/cut/blunt types.
Wow, you dropped blunt reduction to 0.1 both on % and direct subtraction, so actually yes, a 41 dmg blunt warhammer does consistently more damage than a 54 piercing axe against almost any foe, except for the ones that are -really- naked, like Fishermen or maybe some Bear clan puny sod.
But after all, who really fears a drunk fisherman when you have the strenght to wield these high-end weapons?
Still a warhammer is substantially shorter than an axe or sword, and also is slower, even if their description says otherwise, so they have their cons.
Also, a full-plated steel-clad foot warrior wielding a woodden maul is so tremendously ugly that no way I'm going to use this weapon (and I want my foes to die when I strike them).
Coincidentally, I've noticed that some armors and weapons, like the bear clan furs or the repeater crossbow aren't available to be bought nowhere, nor I've even found them in any trophy up to now (I'm at day 100, roughly).
Is this a bug, is going to be implemented in next versions, or it's just a feature?