Hmm... yeah. I understand that the point of items is that you can give them to another pet, but....
Well... it's the same as just buying the strength, agility, defense, and health trainings seperately.
Course, you can't resell the training like you can the cloak. I guess it's mostly just a prestige thing. Like, "Hey, I am mighty cause I have a cloak of heroism."
I'll probably just go with the training.