I got some really cool looking metal armour by the end of my last play through, the parts of it seemed to match. In the homeplane you can see a nice looking sword you can't touch on the weapon rack I doubt they'd waste that resource so must be in the game somewhere, also found a wicked looking axe at some point, big and green. Most of the armour I don't see visuals on at the moment are robes and the like, and outside of that there's the clipping issue for hair with helmets. But it is alpha, you can see by the icons that some items are placeholders, and afaik all the items without models are also considered as such, which implies something will fill that spot yes?