Quote Originally Posted by Holyhunter View Post
It is a part of the chest/hands/legs/feet equip called Herkaeldi. The picture is a screencap from the website xivmodels.com, and as far as i know the cape is indeed shown in game on players.
Right, but the entire set is built to flow well with the cape. That's probably the only way we're going to see capes - if the set is designed with them in mind. As an addon piece of gear.. Highly doubt it.