It seems like MMORPGs, and their transmogrification systems spoiled us all ...
I dont think all armors need to look pretty, i dont think all characters need to look pretty ... but i dont see any harm in that option either. :-/
Dunno ... it seem like perfect place for moders, to act here ...
Meaning i would definietly not be mad if this will be included ingame ... but also not sad at all if not.