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Okay, now that that's out of the way...

You can definitely do Archon on MP0-1. And I wouldn't call Arcane Orb cookie-cutter. Cookie-cutter back when you were still playing was Blizzard-Venom Hydra. Now Archon and CM/WW are cookie-cutter builds.

As for gearing to play Archon, you'll need to tweak your skill set and the way your gear is oriented (but not by much).

1. Since your crit chance is at a good level, use either this skill set or this one or this one... or a dozen other variations. In all cases, keep either Living Lightning or Wicked Wind as your main skill. You need it for refreshing Archon if you somehow pop out of it before the cooldown is up. Frost Nova and/or Diamond Skin is essential for when you're not in Archon form. Deep Freeze Frost Nova is preferable since it temporarily shoots your crit chance up enough to proc Critical Mass to refresh Archon. Diamond Skin can be added for more survival, though you will have to give up a damage boosting stat (such as Sparkflint). As for passives, you can ditch Unstable Anomaly if you're not having trouble surviving. You can use Glass Cannon or Galvanizing Ward in its place, or take out another skill for Cold-Blooded (if you use a Scoundrel equipped with Buriza. But in virtually all cases, you must have Magic Weapon and an Armor skill to go with Archon, your refresher ability, and your defensive skill.

2. Switch your helm for one with critical hit chance and socket. Andariel's Visage is an incredibly cheap option for huge DPS gain, though try and pick one with low fire penalty. Otherwise, Tal Rasha's Guise of Wisdom is a good choice. You probably can't afford a good Mempo, so skip that for now.

3. Get a one-handed weapon with similar stats to what you have now, but with life steal. It will make life as an Archon wizard immensely easier (you can almost play with your eyes closed). It will be pricey with high int and crit damage to go with the socket, so you can skip on the intelligence if required.

4. Get a Triumvirate. As long as you have a black weapon (which you currently do, "min-max" damage, not +fire, +holy, etc.), the bonus from Triumvirate will greatly amplify your overall damage output. Try to get one with at least 220 average damage, with decent intelligence and preferably with some vitality.

5. Your armor is definitely on the low side., You can definitely add more on your bracers and boots. If you're getting an Andariel's for your helm, you'll have to replace some resistance as well. Tack it on by mixing it onto your gloves, your belt and bracers for now. I suggest crafting bracers. It won't take long for you to find something much better than what you have now.

6. When you can, replace one of your rare rings with Zunimassa's Pox or replace your boots with Zunimassa's Trail. The 130 intelligence bonus from the set is nothing to laugh at. I would recommend Pox because it always comes with crit damage and all resistance. All you need to do is find one with crit chance to start. Getting a 3-piece Zuni set won't hurt either, since there's the bonus resistance that comes with three pieces. If that's the case, get a Zuni Trail with at least high int and high vit. If your budget allows, get one with all resistance as well. If, however, you want to run only two pieces for the 130 int bonus, I suggest getting the Pox and Trail and switching your chest with Tal Rasha's Relentless Pursuit. If you get a high vit and armor one, you'll be able to retain some of your survivability (which will even out if you get a Zuni Pox) while also drastically increasing your DPS because of the attack speed that comes with the Tal Rasha chest.

That should be enough to start. I won't suggest switching your pants for Inna's Temperance or bracers for Lacuni Prowlers just yet because your EHP needs work first. The bonus move speed can wait until later.

Also, MOST IMPORTANTLY, please read Bagstone's gear guide for wizards. Almost everything I just wrote out is covered in that guide.

P.S. Please don't do MP10 until you're... well... heavily, heavily geared. You're in MP0-2 mode right now. Take it step by step. In addition, there's no point in farming MP10 unless you have maxed out magic find, e.g. you're paragon 100 and you just want to maximize loot drops per kill. You, on the other hand, should be farming MP0-3 at most to gain higher paragon levels to start. If you want to do MP10 for EXP, you'll have to stick with mindlessly grinding Keep Level 2 for the most efficient EXP gain. But you're not at that level quite yet.

Hybrid Archon playstyle sample (for future references):
http://www.youtube.com/watch?v=hApu2o6uHRM