Just watched a video from IGN about everything they know about Destiny and the way they talked it made it sound like the classes had class-specific gear and you were forced into looking like your class, so bounty hunters have the hoods/cloaks, Titans all look like they are wearing space armor (like Spartans), Warlocks look like they are wearing trenchcoats, etc.
Please tell me this isn't true, that your character can look how you want regardless of class, I really like the hood/cloak look ever since seeing the first trailer and don't want to be forced into playing a bounty hunter when I really want to play a warlock just to be able to look how I want.
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I think there will be variations of the same armor. I believe they once said, "Titans will be 80% armor, 20% cloth, Hunters will be 50/50, and Warlocks will be 80% cloth, and 20% armor". But I could be wrong on the variations. It just makes sense to me.