So, I just made a mod that auto-loots for you. Here's how it works:

The player has a cloak with an associated item 1 of an aimed concentration script spell.

This script spell only operates on dead people.

The script transfers all of their items to a chest in a duplicated CTest room.
Upon doing so it runs this script:

Scriptname PilferSort extends ObjectReference GlobalVariable Property PilferGlobal autoEvent OnItemAdded(Form akBaseItem, int aiItemCount, ObjectReference akItemReference, ObjectReference akSourceContainer)int skip = 0float Weight = akBaseItem.GetWeight()int Value = http://forums.bethsoft.com/topic/1381988-slight-problem-with-pilfer/akBaseItem.GetGoldValue()if (Weight==0.0 && Value> 0)  self.RemoveItem(akBaseItem, aiItemCount, true, Game.GetPlayer())  skip = 1	   endIffloat PilferVal = (Value/Weight)if (PilferVal >= (PilferGlobal.GetValue() as float) && skip==0)  self.RemoveItem(akBaseItem, aiItemCount, true, Game.GetPlayer())elseif (PilferVal < (PilferGlobal.GetValue() as float) && skip==0)  self.RemoveItem(akBaseItem, aiItemCount, true, akSourceContainer)endIfendEvent

Which works marvelously to sort the items into going either to the player or back to the enemy.

Here's the issue. I can't think of a way to "flag" the enemy as having been searched before, so while the items given to the player are correct, if you search the body afterwards and keep searching over and over, different items will be in their inventory as the items cycle between the chest and the body. Kind of a problem. I would use faction ranks, but unfortunately you can't manipulate the faction ranks of dead NPCs (for some stupid reason). Does anyone have an idea?

Actor values? Defunct ones like fame, infamy, brain conditions, etc.

Hmmm. I'll try it.
Worked marvelously. I thought you couldn't manipulate actor values once dead, but I guess you can. Thanks Rando.

Okay, so new problem for y'all.

Scriptname PilferSort extends ObjectReference GlobalVariable Property PilferGlobal autoKeyword Property VendorItemClothing autoKeyword Property VendorItemArmor autoEvent OnItemAdded(Form akBaseItem, int aiItemCount, ObjectReference akItemReference, ObjectReference akSourceContainer)int skip = 0float Weight = akBaseItem.GetWeight()int Value = http://forums.bethsoft.com/topic/1381988-slight-problem-with-pilfer/akBaseItem.GetGoldValue()if (Weight==0.0 && Value> 0)  self.RemoveItem(akBaseItem, aiItemCount, true, Game.GetPlayer())  skip = 1	   endIffloat PilferVal = (Value/Weight)if (PilferVal >= (PilferGlobal.GetValue() as float) && skip==0)  self.RemoveItem(akBaseItem, aiItemCount, true, Game.GetPlayer())elseif (PilferVal < (PilferGlobal.GetValue() as float) && skip==0)  self.RemoveItem(akBaseItem, aiItemCount, true, akSourceContainer)  if akBaseItem.HasKeyword(VendorItemArmor) || akBaseItem.HasKeyword(VendorItemClothing)   (akSourceContainer.GetBaseObject() as Actor).EquipItem(akBaseItem)  endIfendIfendEvent

This SHOULD as far as I can tell, put the armor that isn't worth the right amount of money back onto the corpse. But, not so much. Anyone know why? Maybe dead people can't equip things?

Please, please, please. Always include your source files with the mod not just the PEX compiled versions.

It's also been found that calling external functions like Game.GetPlayer() is almost 1000 times slower than using a local variable. Fortunately global variables seem to be relatively fast to access. Since this is going to be triggered by each item, efficiency is going to matter here, so to make your script faster try this:

Scriptname PilferSort extends ObjectReference GlobalVariable Property PilferGlobal autoActor thePlayer = NoneEvent OnItemAdded(Form akBaseItem, int aiItemCount, ObjectReference akItemReference, ObjectReference akSourceContainer)   if thePlayer == None  ; ideally this could have been set in OnInit() but init only happens once and people are already using your mod.      thePlayer = Game.GetPlayer()   endif   float Weight = akBaseItem.GetWeight()   if (Weight==0.0)      Weight = 0.000000001  ; fake a really tiny weight so the relative value is large   endif   int Value = http://forums.bethsoft.com/topic/1381988-slight-problem-with-pilfer/akBaseItem.GetGoldValue()   float PilferVal = (Value/Weight)   if (PilferVal>= (PilferGlobal.GetValue() as float))       self.RemoveItem(akBaseItem, aiItemCount, true, thePlayer)   else      self.RemoveItem(akBaseItem, aiItemCount, true, akSourceContainer)   endIfendEvent

And yes, from what I've seen the game doesn't try to re-equip items on dead NPCs the way Oblivion did.

We really need that RemoveAllItemsThatAreNotEquipped function.

Here's my two cents: