Death Battle2010

Wizard:
As he doesn't carry any other materia, Cloud obviously wears Ziedrich armor. While this magical band has zero materia slots, it grants the wearer an extraordinary amount of defense, and halves damage received from elemental, magical and physical effects.

Boomstick:
Also, Cloud wears a ribbon, which makes him immune to all status effects like burns and stuns. Well, I guess that makes it worth wearing a freakin' chick accessory.