I actually think it looks pretty decent, particulary on tarus and such combined with a green beret. Looks like rng AF with those two together (well, sort of...). Not everyone buys things just for stats.
Who would buy this? It's like a green version of an Aketon, which makes it much uglier; and besides that it's much more useless. It has worse defense, and far less attribute pluses. I guess there is a reason no one wears this.