What, like in Weapons? While totally doable and probably pretty easy to impliment, err...

No, lemme see if I can draw a picture..

______
|______| <-----status bar. Hit Points.
|______| <-----Spell points.
|______| <-----Grace.
|______| <-----Hunger.
|_|_|_| <----Skill, Weapon, Spell quick menus

_ _ _
|_||_||_| <---items
_ _ _
|_||_||_| <---items

Picture could be better, but spaces don't work right x.x

Dunno, looks cluttery. As it stands I can't attack things to the right of me with spells...

Not really cluttery, it's just a few boxes added below.