I came across something very odd when I was cycling through Sadira’s colors with Masquerade Head equipped. Normally, the hood section of the item is colored black like color 4. But if you move to color 4, then move to any other color, it changes to be that color. When you actually start the game, the hood is black again. The color changes on the customization screen too.
Edit: Oops, I did not know about the bug reporting tread. I will report this there.