Yep, I noticed the cloak thing wasn't working too well either. Then while I was wearing a legendary nymph cloak on my holder, I went to check options of adding magical properties to it via Darla (not merchant isle), and it began switching forms on me, without me asking it or confirming changes. Then, when I ended conversation (stuck as a bugbear), I noticed over 100 million gold gone.
This on the day that a fully loaded/geared Mythos and Arcane Archer were deleted from my account.
I own the deleted characters thing, my stupidity for not reading the newest changes (though similar named characters mythos and Lady Shal that WERE marked for deletion stayed in account, go figure), it was just a lot to lose in one day.
I'd at least kinda like my money back, if possible...
Good gaming,
-Shal, aka WAR, aka a neutered Mythos