In the old days of Ultima Online one of my characters wore studded leather, a bandana, sandals, a half-apron, and always carried a lantern. When Age of Shadows (an expansion pack) hit bringing a new item attribute called "Spell Channeling", during one of the Halloween events a number of Spell Channeling lanterns were handed out and I promptly gave one to my Mage so it wouldn't drop when I casted.
The idea of doing this in Skyrim is making me all nostalga-y. I hope lanterns are in, now.