I don't even think it deserves a debate.
I'm all for it but we all know it's coming. They always had the option in their past games, no reason to think this will be any different.
P.S.
Edit note: Also a hood on/off toggle would be nice too for robes and/or cloaks.

This reminds me how much I dislike how most games of this type picture mantles and cloaks.
The often end up looking like a rectangular carpets glued to your back rather than a large piece of cloth wrapping around you.
I hope Larian will nail the aesthetic this time.