@SysOpPsyche:
The problem is the only way I can see doing this would be to have either A) a script on every single piece of gear in the game, or

have a master script that checks for every single item in the game in order to apply the desired effects.
Or I suppse C) implement with this mod an overhaul of all items in order to reduce the number of them.
Granted, what I'm saying is based off what I know would be required if this mod were being made for Morrowind, as that's the one I have the most experience with. There might be an easier way in this CS, or it might be even harder than it would've been in Morrowind. I can't really say for sure, and either way, any ideas I share are solely based off my Morrowind modding experience.