I see just about as many people wearing armor as not it seems. I always wear the armor no matter what I am hunting. I know that many do not so they can save a few ped on decay. The big reason I wear is I want to tier my armor (UL armor of course). I am willing to pay the little extra to do that. I know that the additional protection is not much but every little bit help and I have one piece of armor at tier 4 and that is an additional 10% and the enhancers seem to last a long time. An additional plus is I can hunt a little bigger mob because of that.
Anyway just my thoughts.
Anyway just my thoughts.