Bound Items (Oblivion)

Bound items are created by scrolls or spells from the Conjuration line. They appear for a certain duration (varies by spell), and are automatically equipped. They are weightless and are Daedric quality. The cuirass and greaves are considered heavy armor, but all of the other bound armor pieces are considered light armor.

Novice

 * Bound Boots
 * Bound Dagger
 * Bound Gauntlets
 * Bound Helmet

Apprentice

 * Bound Greaves
 * Bound War Axe

Journeyman

 * Bound Bow
 * Bound Cuirass
 * Bound Mace

Expert

 * Bound Shield
 * Bound Sword

There is a glitch that makes the armor and weapon permanent. Simply cast the spell, get attacked in whatever way, make sure your armor and weapon are damaged, then kill the attacker. Then simply repair the item with a repair hammer, drop it, wait out the spell and pick it up. You then have yourself a weightless daedric armor.