When you equip armor, how do the visuals changes? Does putting on new armor change your appearance? Even rings and such? I sort of dislike games where the 'best' gear makes you look like a total mess of assorted colors/styles. I'd love it if it was like DC Universe, where you can collect equipment styles, and no matter your actual gear, you can choose whatever styles/colors of equipment you want to display, even displaying none, if you wanted to have a helmet equipped, but not show, or gloves, etc etc.
Yes, when you equip a new armor set there is a physical change. Each armor set has a unique look, i'm not sure if there is a physical chane when you add accessories though. I'm pretty sure armor is made up of a body armor, boots, and gloves. (body armor being the main attire) However you can mix and match different gloves and boots to go with each armor set. Also, if you don't like the colors of the armor you have there is a dyeing system. =)