Infinate Armor

Legendary Armor - Infinate Armor
(http://naruto.wikia.com/wiki/Infinite_Armor)

This armor is said to absorb chakra, therefor this item will absorb 60% of all chakra based attacks inflicted upon the user also refulling their chakra, now although its strong against chakra like attacks its also considerably weaker to Projectile attacks.
This armor will take 20% increased damage to piercing attacks, Shuriken,Kunai and Windmill Shurikens/Tri-Kunai.(Homing Weapons Are to be Included)
The User wearing the Infinate Armor cannot die until the armor itself has been first destroyed, the user will ofcourse continue to take some damage through the armor but their health shall not drop anylower than 500HP until the armor has been broken, after the armor is gone the user is susceptible to being killed.

This Will be a Legendary Item, so there shant be anymore than 2 Infinate armors in creation at once, this armor will be limited to one person per account.(eg, I dont want to see 2 Roco Alts running around with the armor)
Now then, if youre wondering how to get your grubby mits upon this armor it will be created by yourself.
Storm/Asakura Is working on a Mission System, certain missions will give you special elemental scrolls as rewards, After collecting the required ammount of scrolls you will be able to use these scrolls to form the armor.
You will need Plated Armor as the base for the synthesis, ontop of that you need the elemental scrolls, Now fusing elemental Powers to the Armor is no easy task and so there is a slight chance you will fail.
Each time you fail at infusing the armor the scrolls will be consumed, you will need to redo the missions again, collect the scrolls and reattempt to fuse them to your Armor.

Alot of the information above will be tweaked and changed