Abusing Enchant Magic Item

Question

Is there anything that prevents a character from using the free resize-function of the Enchant Magic Item ritual to store an infinite amount of magic items in his backpack by making them exceptionally small?

Answer 1

As written, that only seems to work for magic armor (emphasis mine):

You can also use this ritual to resize magic armor

So while it could be abused, it's not as bad as it looks.

Answer 2

I doubt it for the following reason.

Bags of holding and handy haversacks are incredibly common in the D&D 4e world. They allow you to hold a very large amount of items and it only weigh a pound.

If you can abstract something one way why not abstract it another way.

Both of these methods are to prevent unnecessary book keeping.

However, I have a feeling that the method suggested in this question could be an interesting opportunity for the DM.

Player: "I'd like to resize my miniscule full blade"

DM: "Roll to see if you can find it"

Player: "Uh Oh. I rolled a 1"

DM: "You've managed to lose every single item in your backpack that was sized below tiny"