illadelph12
aka Rakim Illa
Standard equipment is something that is routinely used in a character's history. For example, Captain America's shield, Ironman's armor, Batman's batarangs, smoke pellets and utility belt, Punisher's guns, Deathstroke's staff, etc.
Specialty items wouldn't be considered standard equipment. For an example, if in a particular story Hawkeye was depicted as acquiring and using a special anti-Hulk gamma arrow, but he was not depicted as using that item in any other story before or since, it wouldn't be considered "standard equipment", though he was depicted as having access to it, or if Brainiac had an invention that he created and a storyline was made which depicts him testing said item and going on an adventure with the LoSH because of it's effects, that item would not be considered "standard equipment" simply because of it's use.
As for the era specific version of a character, Id didn't state a specific era for the character, he simply drafted Cogliostro which means current version by default, so the character's entire history is valid, not just his most recent appearances.