At this time we are allowed a max of 215 inventory slots. We are given two armory slots and can purchase more. Each armory slot's items are stored in inventory. IMHO we should have an additional 'armory slot bag' to hold all the items for armory slots on each character and be able to clear inventory space for farming, potions, food, etc. It would be totally awesome to be able to save the bag in the bank and make changes to it or be able to pick it up with another character.
Baggins.blood