Just so that people know what armor the OP is talking about, http://media.giantbomb.com/uploads/0/4881/900649-morag_tong_large.jpg was the concept art from Morrowind, and http://pnmedia.gamespy.com/planetelderscrolls.gamespy.com/fms/images/mods/8847/1289141418_fullres.jpg is a screenshot of a modded complete set in Morrowind. Given the resources that we have, I expect this to be completely feasible by simply combining various armor meshes together. Sadly I have no experience with doing this for Skyrim, otherwise I might try it out myself.