Do not use the equipment manager if

if you do not have enough bag space.

This topic is to warn those who have a lot of items in their bags and use the equipment manager to swap between item sets.

The issue is that if there is an item you can not equip it will be returned to you by mail. Moreover, this item will no longer be bound to you, it will lose all enchants and gems put in to it.

Here's the proof:

http://i.imgur.com/NUJLD31.jpg?1

Just to clarify: this happened shortly after the new update.

Edit: Larger image