There's no real "content" that you can't do for being good or evil - all the difference it makes is where you can bank/vendor. Of course, if you come at it from the right angle, sneaking & taking full advantage of skills like invis/sneak and FD can be its own content!
Of course, as others have said, rogues can get a DE illusion mask from LGuk + Iksar illusion mask from TT, allowing them to pretty much bank/vendor anywhere.
Also, if you're an Erudite Necro, your faction might not be as bad as you think. I made one once, and had very little trouble getting out of erudin, through Qeynos, and moving around Freeport. It's been a while though, so this might have changed.
Whatever you do, though, Have Fun!!!
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