just to emphasise there its something its not only possible but already ingame
http://img443.imageshack.us/img443/589/zdap.jpg
note the amra pride cloak and the cape of bottomless thirst.
stands to point as well that there inst a single vanity tattoo in item shop...
the point of being able to break down an item to convert it to vanity is simply that while the soldier archtype can freely use all available ingame armor as vanity all the remaining archtypes are constrained by lvl of amor they can equip to be able to use it as vanity a given armor piece, wich is obviously unfair and somewhat nullifies the available vanity possibilities to non soldier classes.
if its not reasonable to convert armor directly to social armor the issue i posted above could be evened out by unrestricting on vanity tab the types of armor to be able to be used, meaning unlinked to power/armor type restrictions to classes.
lol i think i must sound like a fashionista...