In Diablo III, unlike Diablo II, the icons for the items a player will wear will match what they look like in-game. The image to the left shows the [[Demon HunterWizard]]'s [[inventory]] pane open, and then, to the side, the actual gear displayed in the game. The icons match up nicely with it, showing precisely what the icon says it would look like.

If the Demon Hunter Wizard were to drop the chest piece (for example) on the ground, and a [[Barbarian]] picked it up, it would look completely different on the Barb.