All items and spells get favorited to the same list, witch happens to be the up key on the D-pad. but the left and right buttons don't get used at all. so i figured left could bring up just spells and right could bring up just items. this would split the list, and up could just be used for both at the same time. since the menu has items right and spells left it would be easy for people to remember.
On the PS3, I have the right and left on the D-pad assigned to a torch/sword so I can flip between the two quickly w/o bringing up the menu
I am sure the xbox has the same thing
Thx
jonpfl