Okay, true. But it's lame. As someone here said, it's merely a pimped Darkmoon Faire outfit.
This is the same but better, it's rich, it's thick, it gives a sense of the wealth and status of Gilneans.
My main problem is how flat and dull it appears. I am sure the concept sketch looked fine but in-game, it's... eh.
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The second identity? Literally every single quest, dialogue line is defined by that.