Seems exactly like the old wardrobe, all its missing is a fubar plugin or Minimap Icon. I've tried various sets, and mounting options no bugs ecountered. Memory footprint seems smaller than closet gnome, but thats only what warmup is telling me. Anyone else tried it?
Okay, since you made that claim, I had to test it.
Running the TBC beta, I loaded both ClosetGnome and Wardrobe2, and ClosetGnome is 2KiB smaller than Wardrobe2 according to haste's Warmup branch (modified to work in TBC). CG: 82KiB, Wardrobe2: 84KiB.
Now, this will change, since I have to reimplement some code in ClosetGnome, and it will become slightly bigger, but you have to remember that Wardrobe2 does not seem to include stuff like keybindings, a fubar plugin, or any translations, it seems to be enUS only.
And, of course, we all know that ClosetGnomes are cooler.