Oh yes, interpreting manuscript images would be a great topic. Maybe some points to consider, since it's broader than just what armor/weapons are depicted, including what's mentioned above:
* Distinguishing what was visual accuracy, versus exaggeration.
* No "lightsaber" capabilities in weapons, despite the Mac Bible.
* Some images were like "stories" with the same character appearing more than once in the same image. Mac Bible does this too.
* Size differences often indicate emphasis, such as a tall person simply being an important figure, and his attendants might be half his height in the image.
* Sometimes choice of armament also indicates who the important person is in the scene, rather than depicting the actual spread of weapons in use.
... That's all that's coming to mind at the moment. Just some ideas.