you should get enough strengyh bonus from standard pally gear to equip about anything. i put roughly 90 hard points into my pally. but with enigma, war travs, maras, hoz and an anni, i'm around 220. i could have gotten away with less if i'd had an anni when i started the build
as batuchka said, a pali shield can have resists, and more block, yet any and all pali shields can can 4 sockets. The runes are cheap so y not. Spirit monarchs are best left for sorcs/druids/necro's, etc.