I only used it to get rid off some rupees when I entered a Dungeon. I wanted to open all chests hidden in the dungeons without the But it won't fit your wallet message It is pretty cool but you got to use it at the right moment
The moment it said it needed rupees to work the greedy part of me completely and utterly REFUSED to even buy that thing, But I HAD to get it for the 100%.
I literally never even considered about using it, theyre my hard earned rupees why should I just waste them like that?!
I saw it in the store on the game, thought about it and got a second opinion from Zelda Dungeon's walkthrough and I didn't even get it. I found it unuseful and plus I never got much rupees, only when I needed them so I didn't see a point in buying it.
I think I only wore it twice... once to see how it looked and then once later on to show my mom how it looked. But I took it off quickly because I was losing rupees! XD
The only times I actually used it where during the cave of ordeals and the final boss battle. You didn't really need it, just a lot of potions. The magic armor is great, until it drains your wallet.