"Help! I've Fallen and I can't get up....graded." XD
Remember that Guardian Tower in the vampire and werewolf infested forest of Darkovia? This is a game art sneak peek of Fallen Guardian. The armor was originally designed during the Kickstarter-- but will finally make its way into the game. Yes, your assumption was indeed correct-- Fallen Guardian armor will be for Guardians.
Dage (the artist) repainted the armor in order to bring it up to the increasing art quality of AdventureQuest 3D.
Our next storyline release will be the wedding in the Vampire Castle. Cross your fingers, talons, or claws for us... if we can get the cutscenes and boss fights done in time, we can release on Thursday. We are also working on AdventureQuest 3D's in-game "Book of Lore" which serve as a map, let you access collections of your things, and will help you navigate the games main storyline. We are trying to make the Book of Lore have a special magical purpose which will interact with the portal we are adding to town. More on this in an upcoming design notes post.