I believe we should be able to wear more than two bracelets at a time. I mean, we have plenty of arm to wear them on. Just a thought!

Maybe it's a balance thing? Since bracelets can be enchanted, and can hold more charges than rings, allowing you to have more than two would really negate the point of having rings at all.

I would really support being able to wear two armbands and two bracelets, as opposed to two+ bracelets. Armbands are for the arms, bracelets for the wrists...doesn't make much sense that they are percieved as occupying the same area when they are on the extremeties of the limb.