No one in this TfT should ever feel at disadvantage for not having an item. If you don't get a single item by the first 2 rounds there should be a clause you get experience+ gold. If I wont get items to buff my heroes than give me more heroes.
When I see people with 3/4 completed items before wolves and I have a single item drop (not including the draft item) it tends to put me on tilt. Because an assassin, blademaster, RFC level 2 lucian is not exactly easy to deal with when I have a giants belt on vayne and a tear on my garen