Affirm. Clothing items can hold other items and then be placed in inventory. 6 slot pants take up 4 slots in inventory, vests hold 8 slots and take up 6 slots.

To append this; the 7.62 ammo currently in the game should be labeled 7.62x54mm for use in the Mosin, and is distinct from and incompatible with 7.62x39mm for the AK47 or 7.62x51mm (aka .308 Win) for many NATO battle rifles like the G3, SLR, etc and bolt action sniper rifles like the M40 or Remington 700.

Repeated this multiple times 5JAN2014 on Win7 64bit. Items were dropped within branches and could not be retrieved, despite being able to approach from all sides. Visually item appeared to slightly hovering off the ground. Possibly stuck in the tree branch?