I don't think you want it to be like in Skyrim where all you have to do is put a bucket on someones head for them to not see you steal, lolz.
But you can drag any of the screens (or seperating walls) around, that can be found in nearly any room, and hide behind them. That's basically the same. I too think that stealing could be a bit more challeging in this game. But on the contrary, I always found that gaining money (for the generally very expensive stuff to buy) is way too hard in that kind of oldschool rpg's. And this compensates that at least.
