Ok, so a ton of people are wondering and nobody can seem to figure out what the exact situation is with the conversion process. Ideas floating around are that you can not convert:
Quest rewards - I can seem to convert quest items that are jewelry (I know the look doesn't change) and items from crafting writ rewards
Named Items - See above
Set Armors - Seems reasonable since the sets are unique, also seems confirmed by everyone
Already Imperial Style - This one just makes sense
It's said that you can convert:
Crafted Items - Seems fine for me
Drops - I believe a few of my drops could not be converted but they may have been named drops from bosses, I'll keep looking into this one.
Stolen from a shop - Seems to be a no for items on display but if you steal from a container in the shop it can be converted.
If you would like to give specific input to help figure out the rules here then please feel free to comment and I'll update this opening post as we go.
Edited by Goldeagle3492 on March 21, 2015 6:13PM