I often wear a photog's vest, loaded with goodies, when I fly.  The point is that it serves as an extra piece of luggage and often allows one to fly without a checked bag.  The vest must be removed and put on a tray at all the checkpoints with which I am familiar (domestic travel only).  The same would apply to the Ribz vest, right?
And I am afraid you are correct - it does look a bit ominous (meaning not what everyone else is wearing).  Maybe it is a good way to see if TSA is really on the ball.
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Geezer in Chief