It's a story, man. Not a system. I don't come to a game table to show off how I'm better at math and how I can navigate the rules. I'm there for the story. And the story tells me: "Magic armor? Nah. And I've got a million reasons why not."

And you know what? What if the magic armor expands or retracts to fit the user, just like the One Ring? Up to the table. As long as everyone is having fun. What I'm defending is Bamce saying that "+1 armor doesn't fit the setting". It doesn't. Magical armor exists, but unless you're paying out the nose for something VERY custom-built, you don't get to have it.

A magical sword? Yeah! Pay the karma, pick it up, and it's all yours! Magical armor? Well, hold on now... there are few concerns.