Thanks so much for the feedback. The patch coming out tomorrow should start to do some of what you have asked. I will be constantly simplifying and streamlining things as we go. The inventory right now is sort of a working prototype. In the future I want to have something way more user friendly, possibly something with a UI backpack as well for carrying items. I will look into splitting it off into its own thing.
Be sure to check out version 1.0.1 we are dropping tomorrow. It improves and changes a lot.