Points if you know the reference, but I've always wanted to know.

What's the deal with Suede? It's fairly rare, and I remember when I was first Leathercrafting, I was saving up Suede exclusively to make a nice chestplate, just to say "A fine Suede piece", only to find out that it can't be used as a crafting material anywhere. There's even a variant called Microsuede.

So, a response about why would be nice. Thanks!