Turning Good Looking Junk armor into Vanity

[Zojack]

I've been thinking about this - What if, instead of just insta-liquidating rare/epic armor, you were able to turn it into a vanity if you tried it on and like how it looks.

For example, you loot an epic armor, and try it on. You like the way it looks, but it has horrible stats, so you apply an item (plat?) to turn it into a vanity.

Would make things more unique and would make looting common, rare, and epic items worthwhile.

Or turning expensive armor into a vanity just for the heck of it.