Question: Clothing we know you can go full fashion mode, but what about armor? We will be able to have access to military grade body armor?
At this time I doubt V will have to go through the game completely without "body armor" and instead solely rely on augmentations or the like to improve personal armor (via skin, integrated plates, etc).
My fair assumption is that basically comparable to Skyrim, Fallout, etc you have both clothing items with various stats just like "classic" body armor going into the same slots. In other words, that Samurai Jacket you put over another clothing item like a T-Shirt might as well be an armored suit or a plate carrier of sorts, while the civilian T-Shirt underneath the jacket (or body armor) could as well be a jumpsuit, uniform, etc. adding to military looks.
It seems likely you will be able to mix and match accordingly.
So in one instance you can go out looking like an average person on the streets, in another you might look like, I dunno, some juggernaut, cop, corporate strike team person, whatever.
It just seems unlikely to me that you'll go through the game completely with civilian looks, whether that is a nomad, street or corpo (suit) look. In simpler terms, there just has to be (classic) body armor and whatnot.