Thanks to the work from Drajor and Natedog!
Note: If you want to use newer models on UF, you can look up the IDFile (like IT12355) in live Resources/OnDemandResources.txt and copy the eqg file listed and add the entry to Resources/GlobalLoad.txt (ex. 2,0,TFFFE,wallet41.eqg,Loading Character Equipment Files)
Although that will still leave you with a pearl necklace for an icon :P