I'm suggesting that an item could be made which acts like a talisman, or a charm of some sort (think the d2 definition of charm) and applies certain beneficial attributes (e.g. magic+1, resist magic +5, something small, yet beneficial).
This item would be defined as a member of the 'cloak' type which may be worn in addition to all other equipment - so, a magical talisman (not to be confused with the ingame talisman item) could be created. The item graphic wouldn't be of a cloak, but what the item'd look like - the word cloak is only relevant sofaras you couldn't use this item as well as a cloak.
Suggestions for possible attributes of such an item, anyone? I'll coordinate its development, and hopefully make several types of different colors and attributes.