and don't forget the difference in weight, you can carry a dozen differently enchanted glass daggers for each hammer you would carry.
Also if you are working on sneaking you are prolly less training strength and more training agility, which is the stat for sneak as well as short blade if I recall correctly...if not you get the idea of targeted training.
Later on when you have max of all the skills and abilities it REALLY doesn't make a difference b/c you will own everything around anyway....