The class items is this game have a lot of aesthetic appeal but it would be even cooler of there were actually perks to them. I think it'd be neat if they had perks vastly different from those already seen on armor and weapons. Such as loot drop bonuses, bonuses to sparrow speed, added jump height, stuff like that.
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As cool as that is, a lot of the common capes, marks, and bonds that look cool would be obsolete compared to the legendaries