It's really a simple idea so why not? 20 spaces each for armor, weapons and general items doesnt really cut it especially with multiple characters.
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I am purging my vault right now. None of my low level armour sets made the cut, there just isn't any room for non legendary or higher gear and weapons. I keep one low level AR, incase I start a new character. Other than that, it has all been broken down into upgrade materials, most of which I won't need soon anyway. Lmao!