>>537687807
Consult this graph that I autistically made. X axis is incoming damage, Y axis is your armor. The interior numbers are how much damage you'll be dealt. For example:
>If I have 2,000 armor, and I am hit by a monster for 250 damage, I'll be dealt 139 damage.
My armor without Scavenged Plating is 19,780. My elemental armor would then be 43,120. Assuming I have literally 0 elemental resistances and my HP is merely 2,000, my max raw hit I can take is ~4,000. But then if I have 50 fire resistance, that goes up to ~6,800. Up to 75 fire resistance, 11,448. So, yes, resistance is still a priority, but you won't be punished so badly without it

tl;dr
>75res 0armor 2100hp 218%elearmor
8316 max hit
>0res 19780armor
4209 max hit
>75res 19780armor
11448 max hit